This Week, September 17-21, 2012

Website: New Postings

• New webinar: Understanding the ACA—Rate Filing Review and Disclosure [2]. Join members of the Rate Review Practice Note Work Group on Oct. 12 to learn more about the review and disclosure requirements of “unreasonable” rate increases under the Affordable Care Act (ACA). Presenters will provide an overview of the final practice note and answer questions.
• Just announced: Save the date for the Nov. 1 IFRS Update Webinar [3] with a report on the FASB and IASB insurance contracts project; IASB’s work on Phase 2 with resulting significant changes to the International Financial Reporting Standard (IFRS) on insurance contracts; and potential changes to U.S. GAAP. Stay tuned for more information!
• The audio recording is now available for the professionalism webinar, Precept 13—How Do I Comply In A Self-Regulating Profession? Speakers gave an overview of Precept 13 and discussed how to consider applying it in a self-regulating profession. Several case studies also were covered. Members can log in [4] to download these resources for free. Click here [5] to see the entire library of professionalism webinar resources.

Upcoming Events

• There’s still time to register for the Academy Annual Meeting and Awards Luncheon [6]. The Academy will transition presidential leadership from Dave Sandberg to Cecil Bykerk, announce winners of the annual awards, and hear from keynote speaker Stu Rothenberg. The Oct. 15 luncheon is included in your registration if you are attending the SOA meeting. Academy members who are not attending the SOA meeting may purchase a ticket for $70.
• The full agenda is now available for the P/C Effective Loss Reserve Opinion Seminar—Tools for the Appointed Actuary [7]. The agenda [8] for this Nov. 7–8 seminar includes new breakout sessions and hands-on workshops led by experienced faculty members who will guide you through the requirements and recent changes to those requirements for writing P/C loss reserve opinions for year-end 2012.
• Registrations are close to capacity for the Life and Health Qualifications Seminar [9]! This Nov. 12–15 seminar is the primary source of instruction for actuaries who wish to be qualified to issue actuarial opinions for either the NAIC Life and A&H Annual Statement or the NAIC Health Annual Statement but may not have met the specific qualification requirements set forth in the U.S. Qualification Standards.

Academy in the News

• The press release [10] detailing the new Academy Medicaid Decision Brief [11] earned significant coverage this week in the trade media and public policy blogs. Among the highlights:
  • Washington Post WonkBlog: Medicaid opt-out states could increase your premiums—even if you have private insurance [12]
  • George Washington University Health Reform GPS: Actuaries brief explores relationship between Medicaid expansion and premiums [13]
  • Law 360: Medicaid Expansion will Keep Premiums Lower, Report Says [14]
  • LifeHealthPro: What Private Medicaid expansion means for private plans [15]
  • CCH Health Reform Talk: Employers at higher risk of ACA penalties depending on location [16]

Note: Some links in this e-mail go to external websites and may require registration. The Academy is not responsible for the content of these websites. Links may expire.