Full Slate of Topical Webinars Offers Opportunities to Earn ‘Organized’ CE
During this time of necessary social distancing, the Academy is dedicated to providing members with more opportunities to earn “organized” continuing education (CE) credits remotely via our high-quality webinars. You can participate remotely and stay updated on the latest public policy and professionalism topics necessary for your work. And, in response to requests, we have added a group registration option for employers to accommodate remote access they choose to provide to their employees.
Here’s what’s on tap in the next few weeks:
April 28 (Noon to 1:30 p.m. EDT): “Cross-Practice COVID-19 Update”—This Capitol Forum webinar will focus on the impact of the pandemic on all areas of actuarial practice and the implications for public policy in the near and longer term.
April 30 (Noon to 1:30 p.m. EDT): “The New Modeling ASOP: ASOP No. 56”—The Academy’s spring professionalism webinar will look at the recently released actuarial standard of practice (ASOP) No. 56, Modeling, a new ASOP applicable to all practice areas. Registration includes an opportunity to give input on your own practice and questions.
Coming Soon: “ACA Rate Filing in the Time of COVID-19”—The Health Practice Council is developing a webinar with state and federal regulators to discuss the potential effects of the coronavirus pandemic and the prospective impact of COVID-19 on 2021 rate filings and 2020 reporting requirements for individual and small group plans.
Related: Answers to Common Questions—The Academy has released answers to some frequently asked questions (FAQs) regarding the new webinar signup process, group registration, and more. If you have administrative questions about our webinar process, check these FAQs for answers. If you don't find your question answered, email us at webinarhelp@actuary.org and we'll be happy to assist.
Academy Releases FAQs on COVID-19 and Medicaid
In light of the ongoing and evolving COVID-19 pandemic situation, the Health Practice Council has released a new set of answers to some frequently asked questions (FAQs) specific to Medicaid. This document—which joins the FAQs on COVID-19’s potential effects on health care spending and the health insurance system, released late last month—shares insights on the pandemic’s possible effects on the Medicaid program and Medicaid managed care organizations.
Thanks to the Volunteers Who Make the Academy’s Work Possible
This week, April 19–25, is National Volunteer Week. Thank you to our 1,300 dedicated volunteers who selflessly serve the Academy. Volunteers are vital to the Academy’s successful pursuit of our mission. We thank you for your commitment and continuing professionalism.
If you are not currently an Academy volunteer, click here to discover how you can join your colleagues in helping the Academy serve the profession and the public.
Spring Life Perspectives Released
The Spring issue of Life Perspectives covers the Life Valuation Committee’s Principle-Based Reserve Review (PBR) Procedures Work Group’s public policy practice note, released in mid-April, Common Practices of Examining Actuaries Involved in Statutory Financial Solvency Examinations of Life and Health Insurers, Including Considerations for PBR. Randall Stevenson, chairperson of the work group, offered some perspective on the new practice note. Also in this issue, life groups commented to the NAIC on several issues in the past few months; and legislative, regulatory, and news items of interest to life actuaries.
Pension Webinar Looks at Public Plans
More than 200 registered attendees joined the Academy’s presentation on Thursday for the second of three webinars in our “Retirement Plan Coverage in America” series. “Part Two: Focus on Public Pension Plans,” focused on public pension plans covering state and local government workers, and provided overviews of such plans’ purpose and the unique issues facing them.
Speakers discussed who is covered by these plans, how such plans are regulated, and current issues impacting these plans and their participants.
Slides and audio will be available for Academy members soon.
P/C Webinar Covers COVID-19, Other Topics
More than 300 registered attendees joined the Casualty Practice Council on Thursday for the “P/C Public Policy Update—Spring 2020” webinar, which covered the impact of the coronavirus pandemic on a wide range of property/casualty lines, as well as the latest updates on P/C public policy activity at the state and federal levels.
Speakers discussed legislation affecting coverage of pandemic viruses; gave updates on federal legislation, including the reauthorization of the National Flood Insurance Program (NFIP) and the extension of the Terrorism Risk Insurance Act (TRIA); wildfires; and the latest on the Actuaries Climate Index (ACI) and the Actuaries Climate Risk Index (ACRI).
Slides and audio will be available for Academy members soon.
Public Policy Activity
The Life Practice Council sent a comment letter to the Actuarial Standards Board on the proposed revision of Actuarial Standard of Practice (ASOP) No. 11, Reinsurance Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports.
Alert
The U.S. House of Representatives on Thursday passed additional stimulus legislation providing $484 billion in emergency relief in response to the financial impacts caused by the COVID-19 (coronavirus) pandemic. The president is expected to sign the measure today. Read the full alert here.
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