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Health Actuarial (B) Task Force

2021 Membership

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.

2021 Adopted Charges

Ongoing Support of NAIC Programs, Products and Services

  1. 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 requirements for appropriate long-term care insurance (LTCI) rates, rating practices and rate changes.
    2. Provide support for issues related to implementation of, and/or changes to, the federal Affordable Care Act (ACA).
    3. Continue to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a principle-based reserving (PBR) framework.
    4. Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.
    5. 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.
  2. The Health Care Reform Actuarial (B) Working Group will:
    1. Assist the Health Actuarial (B) Task Force in completing its charge to provide support for issues related to implementation of, and/or changes to, the ACA.
  3. The Long-Term Care Actuarial (B) Working Group will:
    1. Assist the Health Actuarial (B) Task Force in completing the following charges:
      1. Provide recommendations, as appropriate, to address issues and provide actuarial assistance and commentary with respect to model requirements for appropriate LTCI rates, rating practices and rate changes.
      2. Continue to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a PBR framework.
      3. Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.

NAIC Support Staff: Eric King

HATF Call 210406

Public Webex Meeting
Tuesday, April 06, 2021
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT Expected Length of Call: 1 hr
Webex Link

Discuss a proposal to modify the definition of “actuarial assets” as used in the instructions for the Health Statement of Actuarial Opinion.


HATF National Meeting Call 201119

Public Conference Call
Thursday, November 19, 2020
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr
Diamond Pass Link

Interim meeting in lieu of the Fall National Meeting.


Related NAIC Publications

Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Eric King
Health Actuary
816-783-8234

Please see the current Committee List for a complete list of committee members.