The Long-Term Care Valuation Work Group presented updates on the mortality and lapse tables development.
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Report to the NAIC Investment Risk-Based Capital (E) Working Group, Health Risk-Based Capital (E) Working Group, and Property and Casualty Risk- Based Capital (E) Working Group on indicated bond risk factors for the Property Casualty Risk Based Capital Formula (P&C RBC Formula) and the Health Risk Based Capital Formula (Health RBC Formula).
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)Joint P&C/Health Bond Factors Analysis Work Group discussion draft of a report to the NAIC’s Health RBC Working Group on Risk-based Capital (RBC) factors related to risk charges for fixed income securities Health-Specific Considerations. (
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Joint P&C/Health Bond Factors Analysis Work Group discussion draft of a report to the NAIC’s Joint Health RBC and P/C RBC Drafting Group on bond factors.
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Comment letter submitted jointly by the P/C RBC Committee and the Health Solvency Subcommittee regarding changes to corporate bond factors being considered by the NAIC’s Investment Risk-Based Capital Working Group. (
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Joint Property and Casualty Risk-Based Capital Committee and Health Solvency Subcommittee letter to the NAIC's Operational Risk Subgroup on proposed changes to the operational risk factor in risk-based capital (RBC) formulas for property/casualty and health. (
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Stop Loss Factors Work Group report to the NAIC Health Risk-Based Capital (RBC) Work Group (E) reviewing the RBC formulas currently used for medical excess of loss business.
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Cancer Claims Cost Tables Work Group report on developing a new set of valuation tables for use with cancer insurance policies in order to aid actuaries with their pricing and reviewing product filings by providing analysis on the initial data provided by the industry. (
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Long-Term Care (LTC) Credibility Monograph Work Group presentation on increasing the awareness of the applicability of credibility procedures to LTC insurance-related work, providing information on current practices, and outlining considerations and suggestions for advancing actuarial practice in LTC insurance. (
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Medicare Part D RBC Subgroup report recommending RBC risk factors for Medicare Part D coverage based on analysis of detailed carrier experience, which follows up on an initial report released in 2014.
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Health Care Receivables Factors Work Group recommendation on credit risk factors for health care receivables to the NAIC’s Health Risk Based Capital (E) Work Group. (
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Long-Term Care (LTC) Principle Based Reserve (PBR) Work Group presentation of its final report to the NAIC’s Long-Term Care Actuarial Working Group (B). (
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Cancer Claim Cost Table Work Group presentation to the NAIC’s Health Actuarial Task Force (B) updating the 1985 cancer claim cost tables. (
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Risk Sharing Subcommittee presentation to the Health Actuarial Task Force (B) on its report on the risk adjustment program. (
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Long-Term Care (LTC) Credibility Monograph Work Group update presentation to the NAIC’s Long-Term Care Actuarial Working Group (B). (
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Individual Disability Tables Work Group final report and documentation on a recommended new statutory valuation standard basis for morbidity to the NAIC's Health Actuarial Task Force.
( )LTC Principle-Based Reserves Work Group final report on a principle-based approach model to the NAIC's Long-Term Care Actuarial Working Group. (
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Long-Term Care Terminations Work Group final report to the NAIC's Long-Term Care Actuarial Working Group on terminations for long-term care (LTC) insurance.
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Cancer Claims Cost Tables Work Group presentation to the NAIC's Health Actuarial Task Force the produced graduated valuation tables, and sample reserve calculations.
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