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Health Actuarial (B) Task Force

2020 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.

2020 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 rules 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 principle-based reserving (PBR) framework.
      3. Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.
  4. The Health Reserves (B) Subgroup will:
    1. Assist the Health Actuarial (B) Task Force in completing its charge to continue to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a PBR framework.
Health Actuarial (B) Task Force

2020 Summer National Meeting
Health Actuarial (B) Task Force
Tuesday, August 04, 2020
3:00 PM - 5:00 PM CT
Meeting Information

HATF Call 200623

Conference Call
Tuesday, June 23, 2020
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr

The SOA will give a demonstration of its 2021 Health Care Cost Model. The Model enables users to estimate future U.S. health care insurance costs under a variety of scenarios as the health care service system is impacted by the effect of the COVID-19 outbreak.


HATF Call 200527

Conference Call
Wednesday, May 27, 2020
11:00 AM ET, 10:00 AM CT, 9:00 AM MT, 8:00 AM PT
Expected Length of Call: 1 hr

Discuss comments received on an exposed draft for a template that state DOIs may use to assist in assessing the impact of COVID-19 on 2021 ACA rates.


HATF Conference Call 200423

Conference Call
Thursday, April 23, 2020
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 2 hours

Discuss available resources for assessing the impact of COVID-19 on 2021 pricing.


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.

 

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