Academy Resources

Browse our library of content, developed to support your professional growth and help you navigate the complexities of actuarial practice with confidence.

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Presentation

LTC Presentation to SERA Conference

Presentation to the Southeastern Regulators Association Conference on actuarial implications for long-term care insurance. Download
Topics: Long-Term Care
Date Published: 10/04/2013

Joint Academy/SOA LTC Valuation Work Group Final Recommendation to NAIC on LTC Valuation Table

Final recommendation to the NAIC’s Long-Term Care Actuarial Working Group that a long-term care valuation table is not feasible at this time due to lack of quality data.  Download
Date Published: 04/05/2013
Comment / Letter

Letter to NAIC on New Long-Term Care Terminations Work Group

Long-Term Care Terminations Work Group letter to the NAIC regarding the formation of the work group that is charged with gathering data on terminations in long-term care insurance, and outlines its… Download
Date Published: 03/15/2013
Comment / Letter

HPC Letter on Need to Appoint Actuary to LTC Commission

HPC letter to President Obama and congressional leaders urging them to appoint an actuary to the new Commission on Long-Term Care that was enacted as part of the American Taxpayer Relief Act of 2012. Download
Topics: Long-Term Care
Date Published: 01/10/2013
Presentation

Long-Term Care Actuarial Implications

Presentation at the NAIC Senior Issues Task Force Long-Term Care hearing at the 2012 Fall National Meeting on actuarial implications for long-term care insurance. Download
Date Published: 12/06/2012
Practice Note

Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate Stability

Update by the Long-Term Care Practice Note Work Group of the 2003 Long-Term Care Practice Note relating to long-term care rate stability. Download
Date Published: 10/23/2012
Comment / Letter

Letter to Sen. Thune and Rep. Boustany on Long-Term Care

Health Practice Council letter to Sen. Thune and Rep. Boustany clarifying the nature and intent of recent Academy-hosted roundtables focused on addressing the accessibility and affordability of… Download
Topics: Long-Term Care
Date Published: 08/15/2012
NAIC Report

Update to NAIC on LTC Valuation Morbidity Tables

Update to the NAIC’s Health Actuarial Task Force on the progress of long-term care valuation morbidity tables, including what has been accomplished as well as next steps. Download
Date Published: 08/10/2012
Presentation

Long-Term Care Reform Options

Federal Long-Term Care Task Force presentation to the 2012 NCOIL Summer Meeting on options to reform the long-term care system in the United States. Download
Topics: Long-Term Care
Date Published: 07/18/2012
Practice Note

Long-Term Care Insurance Compliance With the NAIC LTCI Model Regulation Relating to Rate Stability

Exposure draft of the long-term care rate stability practice note.  Download
Date Published: 06/08/2012
Comment / Letter

Letter to NCOIL on LTC Reform Options

Federal Long-Term Care (LTC) Task Force letter to NCOIL in response to a request for information on strategies to reduce costs related to LTC coverage. Download
Topics: Long-Term Care
Date Published: 04/27/2012
Comment / Letter

Comment Letter to House Leadership on HR 5 to Repeal IPAB

Health Practice Council comment letter to House leadership on legislation (HR 5) that would include a provision to repeal the Independent Payment Advisory Board, which was created under the ACA to… Download
Date Published: 03/21/2012
Comment / Letter

Letter to HHS on GINA Application to Long-Term Care

Joint work group of the SOA Long-Term Section Council and the Academy’s Federal Long-Term Care Task Force letter to HHS Secretary Sebelius regarding the department’s extension of the Genetic… Download
Topics: Long-Term Care
Date Published: 10/13/2011
Presentation

Presentation on the CLASS Act at 2011 NCOIL Summer Meeting

Co-chairperson of the Joint Academy/Society of Actuaries CLASS Act Task Force Steve Schoonveld presentation on the Community Living Assistance Supports and Services (CLASS) program before the… Download
Topics: Long-Term Care
Date Published: 07/16/2011
Testimony

Congressional Testimony on the CLASS Program

Community Living Assistance Services and Supports (CLASS) Act Task Force testimony to the U.S. House Committee on Energy and Commerce Subcommittee on Health regarding the CLASS program. Download
Topics: Long-Term Care
Date Published: 03/17/2011
Comment / Letter

Letter to NAIC Regarding New Long-Term Care Work Group

Long-Term Care Practice Note Work Group letter to the NAIC regarding the formation of a new work group in charge of updating the Academy’s 2003 practice note, Long-Term Care Insurance Compliance with… Download
Date Published: 02/17/2011
Presentation

The CLASS Act: Coordination, Cost, and Impact

Steven Schoonveld presentation before the July 11 National Conference of Insurance Legislators (NCOIL) Summer Meeting. The presentation focuses on educating lawmakers about the CLASS Act (the new… Download
Topics: Long-Term Care
Date Published: 07/11/2010
Comment / Letter

Letter to NAIC on Morbidity Tables for Long-Term Care Insurance

Letter to NAIC regarding the joint Academy State LTC Task Force and SOA Valuation Committee project to develop and recommend valuation morbidity tables for long-term care insurance. Download
Date Published: 02/22/2010
Comment / Letter

Letter to Senate HELP Committee on CLASS Act

Federal Long-Term Care Task Force letter to the Senate Committee on Health, Education, Labor and Pensions regarding actuarial issues and policy implications on the the Community Living Assistance… Download
Topics: Long-Term Care
Date Published: 07/22/2009
NAIC Report

State Long-Term Care Principles-Based Work Group Presentation to A&HWG

Principle-based Work Group presentation providing an update to the A&HWG and requesting feedback on work to date by the LTC Principle-based Work Group. Download
Date Published: 03/31/2007
Comment / Letter

Comments on ACLI’s Proposed Long-Term Care Experience Form

Subgroup on Long-Term Care Experience Forms comments to the NAIC regarding American Council of Life Insurers (ACLI) Proposed Recommendation to Report Non-Exempt LTC accelerated-type products. Download
Date Published: 11/17/2006
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… Download
Date Published: 06/01/2006
Comment / Letter

Letter to NAIC on Proposed Revisions to LTC Experience Reporting Instructions

Subgroup on LTC Experience Forms letter that addresses several issues raised by the NAIC in response to the Academy’s Long-Term Care Experience Subgroup’s May 20, 2005 letter with proposed… Download
Date Published: 08/18/2005

Letter to NAIC on Proposed Revisions to LTC Experience Reporting Instructions

Letter to the NAIC from the LTC Experience Forms Subgroup on proposed LTC loss experience exhibit forms (Forms 1, 2, and 3) along with the proposed instructions. This was updated in August 2005 in a… Download
Date Published: 05/20/2005
NAIC Report

Report Supplement to NAIC on Recommended LTC RBC formula

Supplement to the June 2004 report to the NAIC with a recommendation for a new long-term care RBC formula. Download
Date Published: 09/01/2004