Committees & Activities

Health Actuarial (B) Task Force
Health Insurance and Managed Care (B) Committee
Health Care Reform Actuarial (B) Working Group
Long-Term Care Actuarial (B) Working Group

Mission

The mission of the Health Actuarial (B) Task Force is to identify, investigate and develop solutions to actuarial problems in the health insurance industry.

2014 Charges

Ongoing Support of NAIC Programs, Products or Services:

1. Work with the Society of Actuaries (SOA) and the American Academy of Actuaries (AAA) to develop a replacement for the 1985 Commissioners Individual Disability Income Table.—Important

2. Work with the AAA and SOA to develop a replacement for the 1985 NAIC Cancer Claim Cost Tables as the basis for the valuation of individual cancer policies.—Important

3. Revise model rules for appropriate long-term care rates, rating practices and rate changes.—Important

4. Study the minimum standards applicable to statutory reserves for long-term care insurance. Begin developing a principle-based framework for a set of minimum standards.—Important

5. Review the Medicare supplement refund formula.—Important

6. Provide support for issues related to implementation of the federal Affordable Care Act (ACA).—Essential

7. Work with the SOA and the AAA to develop a replacement for the 1987 Commissioners Group Disability Income Table.—Important

8. Provide recommendations as appropriate to address issues and provide actuarial assistance and commentary to other NAIC committees relative to their work on actuarial matters.—Important

9. Begin to develop health insurance reserving requirements (VM-25) using a PBR methodology. Long-term care should be a priority.—Important

10. Submit VM-25 changes to the Life Actuarial (A) Task Force for publication in the Valuation Manual. —Important

11. Develop LTC experience reporting requirements in VM-50 and VM-51 of the Valuation Manual.—Important

NAIC Support Staff: Eric King/Reggie Mazyck

 

Conference Call Calendar

NAIC conference calls & interim meetings are available on the NAIC Conference Call Calendar. See NAIC's revised policy statement on open meetings.

Health Actuarial (B) Task Force
Conference Call
Friday, August 1, 2014
1:00 p.m. Central/2:00 p.m. Eastern

Go to the Exposure Drafts Index

2013 Individual Disability Income Valuation Tables Exposure Comments

IDI Valuation Table Workbook Instructions (2013)

IDI Valuation Table Workbook (v1.1) (2013)

IDTWG Table Report (12-2013)
The deadline for comments on the proposed 2013 Individual Disability Income Valuation Tables is June 30, 2014.
Comments should be submitted to Eric King.

Final GLTDWG Actuarial Guideline (11-15-13)
The deadline for comments on the proposed 2012 GLTD Actuarial Guideline is December 3, 2013.
Comments should be submitted to Eric King.
Joint Qualified Actuary (A/B/C) Subgroup’s Discussion Draft
Comments should be submitted to Eric King by Sept. 27

Final GLTDWG Actuarial Guideline(10-3-13)

GLTD 2012 Valuation Table Exposure

GLTDWG Table Report Final Version (10-3-13)

GTLD AG Letter (10-3-13)
documents and resources
ACA Fees Discussion Paper
ACA Rating Discussion Paper
Amendment Proposal Form
Related NAIC Publications

Minutes for the four most recent NAIC National Meetings are available free for meeting attendees and members. Members may access minutes via StateNet. If you do not know your User ID or password, please contact the NAIC Help Desk.

Annual and Quarterly Statement Blanks

Annual and Quarterly Statement Instructions
Compendium of State Laws on Insurance Topics
Life and Health Actuarial Subscription
Model Laws, Regulations and Guidelines
Contacts
Media queries should be directed to the NAIC Communications Division at 816-783-8909 or news@naic.org.
Eric King
Health Actuary
816-783-8234
Please see the current Committee List for a complete list of committee members.