The Minimum Value Practice Note Work Group released a practice note exposure draft related to determinations of minimum value (MV) and actuarial value (AV) under the Affordable Care Act for a 45-day exposure period. Comments on Minimum Value and Actuarial Value Determinations Under the Affordable Care Act should be submitted by September 30.
The Social Security Committee updated its annual issue brief on the 2013 Social Security Trustees Report that outlined the trust fund’s current financial status, long-range estimates of the program’s solvency, and the need to reform the program to ensure sustainable solvency.
Online voting for the four open regular director positions on the Academy board will open August 26. Academy members will receive an email on August 12 from Intelliscan, our election vendor, announcing that Academy election information will be sent to you soon. This email will come from elections@intelliscaninc.net. Please be sure to add it to your safe senders list and to check your Spam folder to make sure you receive it.
Large Group Medical Business Practice Note Work Group released an updated practice note on large group medical business.
The Pension Committee submitted its views to the Department of Labor regarding the agency’s proposal to add lifetime-income information to pension benefit statements.