Academy News

The Academy released Auto Insurance in the 21st Century, which explores insurance issues surrounding autonomous vehicles, ride-sharing services, and distracted driving. The Essential Elements series is designed to make actuarial analyses of public policy issues clearer to general audiences. (August 02, 2017)

The July Actuarial Update covers the Academy’s recent issue briefs, comment letters, and other work informing the nation’s ongoing health care debate. Also covered: election of regular directors for the Academy’s Board is set for August; the Academy attended the International Association of Black Actuaries conference in late July; the “Professionalism Counts” column on the “ABCDs of Precept 10”; and Pension Committee members visited Capitol Hill to discuss multiemployer plan issues. (July 31, 2017)

The Social Security Committee released an issue brief on the 2017 Social Security Trustees Report that examines the social insurance program’s long-term solvency issues and recommends that Congress should act soon to improve the long-term financial outlook of the program. (July 31, 2017)

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. (July 28, 2017)

The Health Practice Council sent a letter to U.S. Senate leadership on the potential adverse consequences of legislation to eliminate the Affordable Care Act’s (ACA) individual mandate which would lead to lower enrollment, a deterioration of the risk pool, and higher premiums. (July 25, 2017)

The Health Practice Council released a new policy paper highlighting cost-sharing reductions including what they are and why they need to be funded. (July 24, 2017)

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. (July 21, 2017)

The American Academy of Actuaries commends the administration for taking the positive step of paying the July cost-sharing reduction (CSR) reimbursements. However, the stability and sustainability of the market requires policymakers to fund CSRs on a permanent basis. Read the news release. (July 20, 2017)

The Academy has received a memorandum from the NAIC recounting the findings of their consultant on its study of actuarial credentials and qualifications.   The Academy welcomes the opportunity to continue to support and work with the NAIC to try to address its needs and concerns, as we have throughout our long history of establishing Qualification Standards for Public Statements of Actuarial Opinion. We understand that the NAIC is going to have a presentation on the study at the Casualty Actuarial and Statistical (C) Task Force at its summer meeting next month in Philadelphia. Read More. (July 19, 2017)

The Medicare Subcommittee published an issue brief, Medicare’s Financial Condition: Beyond Actuarial Balance, on significant concerns about Medicare’s long-term financial health. (July 19, 2017)

The Health Practice Council released a new policy paper highlighting several frequently asked questions (FAQ) on risk pooling and explaining how it works in the individual health insurance market. The FAQ also explores the differences between a single risk pool and separate risk pools.  (July 14, 2017)

The North American Actuarial Council released its 2015-2016 annual report, outlining its work and highlighting its accomplishments for the year. (July 14, 2017)

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. (July 14, 2017)

The Pension Practice Council (PPC) published an issue brief that explores various methods to measure the financial health of pension plans. (July 13, 2017)

The July HealthCheck covers the Individual and Small Group Markets Committee’s issue brief on factors driving 2018 premium changes; Academy health committees’ comments to U.S. Senate leadership on health care legislation under consideration; and legislative, judicial, and regulatory updates from the states and the federal government. (July 12, 2017)