Health News

This March 20 webinar will cover the recently released final and interim final rules related to the implementation of the three risk-sharing mechanisms in the Affordable Care Act—risk adjustment, reinsurance, and risk corridors (otherwise known as the “3Rs”). Representatives from the Department of Health and Human Services will will focus their presentation on the new methodology for reconciling advanced cost-sharing reduction payments. Register for free! (March 14, 2013)
Read about recent health care reform activities in the latest edition of HealthCheck. (March 13, 2013)
Join us on March 13 and 14 for this free two-part webinar series to learn more about the recently released final rules related to the Affordable Care Act implementation. The American Academy of Actuaries will hold this webinar with representatives from the Center for Consumer Information and Insurance Oversight, who will be on hand to answer YOUR questions, specifically regarding actuarial value determinations, cost-sharing reductions, essential health benefits, and the final market reform rules. (March 12, 2013)
Cori Uccello, the Academy's senior health fellow, submitted written testimony to the House Ways and Means Subcommittee on Health in response to its recent hearing that examined Medicare's traditional fee-for-service benefit design. (March 8, 2013)
The Rate Review Practice Note Work Group submitted comments to the Center for Consumer Information and Insurance Oversight (CCIIO) recommending several modifications to the unified rate review template and instructions associated with the final rules implementing the rate review and disclosure provisions in the ACA. (March 7, 2013)
Presenters will provide health actuaries with information on the relationship between Medicare provider payment rates and those for private insurance. This information is important for understanding how any changes in Medicare provider payment rates could affect private plans. Projecting the effects of moving Medicare to a premium support program also requires the consideration of this key issue. Register today! (February 19, 2013)
ACA Regulation Review Videos: As of Nov. 8, 2013, the RegReview website is no longer available.
(February 19, 2013)
The Academy sent a letter to President Obama and top administration officials urging them to require Academy membership as a qualification for any candidate to the chief actuary position at the Centers for Medicare & Medicaid Services. Read the news release. (February 19, 2013)
Read about recent health care reform activities in the latest edition of HealthCheck. (February 13, 2013)
The Casualty, Life, Health, and Professionalism councils submitted comments to the NAIC's Joint Qualified Actuary (A/B/C) Subgroup on the subgroup's two new charges related to defining a "qualified actuary" and recommending a process to address "unprofessional" actuarial work. (February 11, 2013)
The Health Solvency Work Group submitted a letter to the NAIC's Health Risk-Based Capital Working Group giving the work group's analysis of possible risks caused by the Affordable Care Act as it relates to health risk-based capital.  (February 8, 2013)
The Academy/SOA's Cancer Claims Cost Tables Work Group submitted a letter to the NAIC's Health Actuarial Task Force that updated the progress of the valuation table and the work it expects to do over the next six months. (February 1, 2013)
The Academy's Large Group Medical Business Practice Note Work Group has released for a 60-day comment period an updated practice note relating to Large Group Medical Business. (January 24, 2013)
The Academy's Health Practice Council sent a 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. Read the news release. (January 14, 2013)
The Health Care Receivables Factors Work Group submitted a updated proposal to the NAIC's Health Risk-Based Capital Working Group providing recommendations for receivables factors in the current RBC formula.  (January 8, 2013)
The Health Care Receivables Factors Work Group submitted a revised proposal to the NAIC's Health Risk-Based Capital Working Group providing recommendations for receivables factors in the current RBC formula.  (January 7, 2013)
The Risk Sharing Work Group submitted comments to CMS on the proposed rule, Benefit and Payment Parameters for 2014, addressing payment methodologies and data collection for the risk adjustment, reinsurance, and risk corridor mechanisms in the ACA. (December 31, 2012)
The MLR Work Group submitted comments to CMS on the proposed rule, Benefit and Payment Parameters for 2014, addressing proposed changes to the final rule on MLR. (December 31, 2012)
The Individual and Small Group Task Force and Premium Review Work Group submitted comments to CMS on a proposed rule regarding health insurance market reforms, which included modifications to the final rule on rate review and disclosure requirements. (December 21, 2012)
The Individual and Small Group Market Task Force submitted comments to CMS on the EHB components of the proposed rule, Standards Related to Essential Health Benefits, Actuarial Value, and Accreditation. (December 21, 2012)