Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (June 15, 2012)
Academy Senior Pension Fellow Don Fuerst testified before the ERISA Advisory Council June 12 on issues related to retirement security and the risk of long-term disability. (June 12, 2012)
The Academy’s Medicaid Work Group submitted comments to CMS on a proposed rule regarding payments for Medicaid primary care services. The letter addresses issues relating to actuarial soundness as they pertain to changes in the Medicaid program. (June 12, 2012)
The Long-Term Care Practice Note work group has extended to July 8 the exposure period for the rate stability practice note, Long-Term Care Compliance with the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulation Relating to Rate Stability. (June 12, 2012)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (June 08, 2012)
The Long-Term Care Practice Note Work Group has extended to July 8 the exposure period for the LTC rate stability practice note, "Long-Term Compliance with the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulation Relating to Rate Stability." ()
The Academy’s Health Practice Council Communications Task Force updated its recent Campaign 2012 voters’ guide, Making Health Care Reform Work: Why Broad Participation is Necessary. The guide is intended to assist voters to understand why broad participation is necessary in the health insurance system to avoid higher premiums. (June 28, 2012)
The Academy's Health Practice Council and the SOA jointly released a research brief that summarizes the key findings and policy implications of a study, conducted by Milliman and sponsored by the SOA, of the risk mitigation programs under the Affordable Care Act (ACA)—risk adjustment, reinsurance, and risk corridors. (June 04, 2012)
The Pension Committee submitted a comment letter to the Actuarial Standards Board responding to an exposure draft of ASOP No. 27, Selection of Economic Assumptions for Measuring Pension Obligations. The letter addressed several provisions of the exposure draft, including scope, selection of reasonable assumptions, investment return assumptions, and measurement-specific conditions. The Joint Committee on Retiree Health also submitted a letter, focusing on the interaction of the ASOP to retiree group benefits practice. (May 31, 2012)
The Pension Committee submitted a comment letter to the Actuarial Standards Board responding to an exposure draft and suggesting modifications to proposed revisions of ASOP No. 4, Measuring Pension Obligations and Determining Pension Plan Costs or Contributions. The Pension Finance Task Force also submitted a letter to the ASB responding to the exposure draft, as did the Joint Committee on Retiree Health whose letter focused on the interaction with retiree group benefits practice. (May 31, 2012)