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Capitol Steps to Perform at Academy Annual Meeting and 50th Anniversary Celebration
Come to the Academy’s Annual Meeting and Public Policy Forum, Nov. 12-13 Washington, and be well informed and well entertained. The Washington-based political satire troupe the Capitol Steps will perform at the Gala Dinner. Other program additions include a just-announced plenary session on “Protecting the Solvency of U.S. Insurers,” with panelists from the Board of Governors of the Federal Reserve System and the NAIC. Register now to attend.
Newly Released
The September issue of HealthCheck includes coverage of Academy presentations at the NAIC Summer National Meeting, including updates by several long-term care work groups; a write-up of the Sept. 2 webinar co-hosted by the Academy’s Health Practice Council and the International Actuarial Association; legislative and regulatory updates; and coverage of several Academy health care issue briefs in the news.
Contingencies Wins Design Award
Contingencies, the Academy’s bimonthly magazine, won an Excel Award from Association Media & Publishing for the May/June 2014 cover story, “Black Warrior: A Buffalo Soldier Looks Back.” The award was a bronze medal in the design category for the story, which was excerpted from the book Black Warriors: The Buffalo Soldiers of World War II. The book was written by longtime Academy member Ivan J. Houston, who enlisted in the U.S. Army in 1943 at the age of 17 and was a member of Combat Team 370 of the U.S. 5th Army’s 92nd Infantry. The team, also known as the Buffalo Soldiers, was the only African-American division to fight in Europe in World War II.
Upcoming Events
Early Registration Discounts for the 2015 Life and Health Qualifications Seminar will end on Sept. 18, so register now. The seminar will be held Nov. 9-12 in Arlington, Va. (metropolitan Washington, D.C.), just prior to the Academy’s Annual Meeting in Washington. Since 2000, many attendees have found this highly regarded course the most efficient way to acquire the basic and continuing education required to issue statutory statements of actuarial opinion for NAIC life and health blanks. You can save $200 by registering early; click here for registration information. Registration Ongoing for P/C Opinion Seminar: Registration continues for the Academy’s 2015 Seminar on P/C Effective Loss Reserve Opinions, to be held Dec. 1-2 in Philadelphia. Actuaries who prepare or sign NAIC annual statement actuarial opinions on P/C loss reserves, or those who assist in preparing them, should plan to attend. Attendees are provided the opportunity to deepen their expertise, gain an understanding of regulatory perspectives and expectations, remain up-to-date on the latest regulations and standards, earn valuable continuing education credit, and network with peers. Click here for seminar information and click here to register.
Public Policy Activities
Academy Testifies at IRS Hearing: Eli Greenblum, vice president for pension issues, represented the Pension Practice Council in an IRS hearing in Washington on Thursday regarding suspension of benefits under the Multiemployer Pension Reform Act of 2014. Greenblum presented the council’s position on this issue, laid out previously in an Aug. 18 comment letter. Academy Submits Testimony to Congress on Small Group Definition: Senior Health Fellow Cori Uccello provided written testimony on the potential implications of expanding the small-group definition to companies with 51-100 employees to the U.S. House Energy & Commerce Subcommittee on Health hearing on affordable health care. Task Force Submits Comments on CASTF Price Optimization White Paper: The Academy’s Price Optimization Task Force submitted a comment letter to the NAIC’s Casualty Actuarial and Statistical Task Force (CASTF) providing input on its Price Optimization White Paper, which was exposed at the NAIC’s summer national meeting. Reinsurance Committee Submits Comments to NAIC on Reinsurer Passporting: The Reinsurance Committee sent comments to the NAIC on the draft Certified Reinsurers and Passporting Public Document.
Alerts
Online Election Voting Continues
Online voting for the Academy’s four open regular director positions, which began last week, continues through Sept. 21. The Academy’s Nominating Committee presented four candidates for the Academy Board of Directors; for more information about election guidelines, how candidates are selected, and other details, please visit the Academy’s online Election Center.
Notice of Public Discipline
In the News
The September 2015 edition of Health Insurance Underwriter magazine featured the Academy issue brief, Medicare at 50: Is It Sustainable for 50 More Years? The issue brief, Potential Implications of the Small Group Definition Expanding to Employers with 51-100 Employees, produced by the Academy’s Individual and Small Group Markets Committee, was cited in a Compass Benefit Solutions report on CMS’s announcement that composite rating will be an option for small group market plans in Oklahoma for 2016. The issue brief was also cited in a subscriber-only PoliticoPro story regarding proposed legislation being considered by a congressional panel that would give states the option to expand or not to expand their small group markets. Senior Health Fellow Cori Uccello’s written testimony on potential implications of expanding the small-group definition to companies with 51-100 employees to the U.S. House Energy & Commerce Subcommittee on Health hearing on affordable health care was posted in BenefitsLink.com’s Health & Welfare Plans newsletter.
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