Related NAIC Publications

Contacts

Health Actuarial (B) Task Force

Health Insurance and Managed Care (B) Committee

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.

2018 Charges:

The Health Actuarial (B) Task Force will:

1. Provide recommendations, as appropriate, to address issues and provide actuarial assistance and commentary with respect to model rules for appropriate long-term care insurance (LTCI) rates, rating practices and rate changes.


2. Study the minimum standards applicable to statutory reserves for LTCI. Ensure Model #10 remains open to accommodate any necessary changes to the standards. Enhance a principle-based framework for a set of minimum standards.


3. Provide support for issues related to implementation of, and/or changes to, the federal Affordable Care Act (ACA).


4. Continue to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a principle-based reserving (PBR) framework. Request Model #10 be opened to accommodate the new requirements.


5. Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.


6. Provide recommendations, as appropriate, to address issues and provide actuarial assistance and commentary to other NAIC groups relative to their work on health actuarial matters.

NAIC Support Staff: Eric King