Health
The Academy Health Practice Council (HPC) is dedicated to providing policymakers and regulators with insights to navigate the complex landscape of health insurance and healthcare affordability.
The HPC’s commitment to objectivity and precision in this vital sector helps shape and inform decisions that impact the lives of millions of Americans every day.
Controlling Health Care Spending Growth
Explore issues pertaining to the drivers of health care costs and slowing the growth in health care spending.
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Financial Reporting, Risk Management and Solvency
Financial reporting and solvency issues at the state level, such as NAIC related projects on RBC, as well as emerging international solvency issues and federal regulation of insurance companies.
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Health Reform & ACA Implementation
Implementation of the Affordable Care Act and other health care reform issues.
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Long-Term Care
Federal and state long-term care issues, including the CLASS Act and LTC pricing/valuation.
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Medicare/Medicaid
Ideas for improving Medicare’s financial stability and insights on Medicaid and CHIP programs.
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Health Resources
Presentation
Presentation to NAIC on Principle-Based Long-Term Care Valuation
State LTC Task Force Principles-based Valuation Subgroup presentation to the NAIC Life and Health Actuarial Task Force discussing the current valuation of LTC policies, potential sources of changes…Letters to FASB on Proposed Changes in Financial Accounting Standards
Joint Committee on Retiree Health letters to FASB expressing concern over proposed changes in financial accounting standards for pensions and OPEBs.
Comment / Letter
Analysis of Senate Small-Business Health Insurance Legislation
Small-Group Market Task Force comment letter on S. 1955, the Health Insurance Marketplace Modernization and Affordability Act of 2006.
Topics: Health Insurance
Comment / Letter
Comments on Proposed GASB Bulletin on Medicare Part D Retiree Drug Subsidy
Joint Committee on Retiree Health comments on the proposed GASB technical bulletin, Accounting and Financial Reporting by Employers and OPEB Plans for Payments from the Federal Government Pursuant…
Practice Note
Attestation of Actuarial Equivalence for Plan Sponsors Accepting a Retiree Drug Subsidy Under the Medicare Drug Program
Practice note created by the Actuarial Equivalence Retiree Practice Note Work Group providing advisory guidance to actuaries attesting to the actuarial equivalence of a plan sponsor’s retiree health…
Topics: Medicare / Medicaid
Practice Note
Statutory Reserves for Individual Disability Income Insurance
Statutory Reserves for Individual Disability Income InsuranceHealth Practice Financial Reporting Committee practice note describing some of the current statutory reserving practices used by…
Topics: Financial Reporting
Issue Brief
Health Coverage Issues: The Uninsured and the Insured
Uninsured Subgroup updated issue brief providing insights on the fundamental questions facing policy-makers and health coverage sponsors, such as: What is health insurance coverage? What are ways to…
NAIC Report
Report to NAIC on Proposed RBC Risk Factors for Medicare Part D
Medicare Part D RBC subgroup report to the NAIC on proposed RBC risk factors relating to the insurance of Medicare Part D coverage commencing January 1, 2006. This report was written in response to…
Practice Note
Small Group Medical Insurance Reserves and Liabilities
Health Financial Reporting Committee practice note addressing questions and issues regarding the valuation actuary’s responsibilities related specifically to determining reserve levels and asset…
Topics: Financial Reporting
Issue Brief
Pay for Performance: Rewarding Improvements in the Quality of Health Care
Health Care Quality Work Group issue brief exploring definitions and measures of health care quality and examining the pay for performance approach to rewarding improvements in quality, particularly…
Topics: Medicare / Medicaid