- Health Insurance and Managed Care (B) Committee
- Consumer Information (B) Subgroup
- Health Actuarial (B) Task Force
- Long-Term Care Actuarial (B) Working Group
- Long-Term Care Pricing (B) Subgroup
- Long-Term Care Valuation (B) Subgroup
- Health Innovations (B) Working Group
- Regulatory Framework (B) Task Force
- Accident and Sickness Insurance Minimum Standards (B) Subgroup
- Employee Retirement Income Security Act (ERISA) (B) Working Group
- Mental Health Parity and Addiction Equity Act (MHPAEA) (B) Working Group
- Pharmacy Benefit Manager Regulatory Issues (B) Subgroup
- Senior Issues (B) Task Force
- Long-Term Care Insurance Model Update (B) Subgroup
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.
2022 Adopted Charges
Ongoing Support of NAIC Programs, Products or Services
- The Health Actuarial (B) Task Force will:
- 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.
- Provide support for issues related to implementation of, and/or changes to, the federal Affordable Care Act (ACA).
- Continue to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a principle-based reserving (PBR) framework.
- Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.
- 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.
- The Long-Term Care Actuarial (B) Working Group will:
- Assist the Health Actuarial (B) Task Force in completing the following charges:
- 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.
- Continue to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a PBR framework.
- Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.
- Assist the Health Actuarial (B) Task Force in completing the following charges:
- The Long-Term Care Pricing (B) Subgroup will:
- Assist the Long-Term Care Actuarial (B) Working Group in completing the following charge:
- 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.
- Assist the Long-Term Care Actuarial (B) Working Group in completing the following charge:
- The Long-Term Care Valuation (B) Subgroup will:
- Assist the Long-Term Care Actuarial (B) Working Group in completing the following charges:
- Continue to develop health insurance reserving requirements (VM-25, health Insurance Reserves Minimum Reserve Requirements) using a PBR framework.
- Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.
- Assist the Long-Term Care Actuarial (B) Working Group in completing the following charges:
NAIC Support Staff: Eric King
Public Webex Meeting
Monday, May 16, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link
Hear an update from the SOA on Group Life Waiver of Premium Valuation Table development.
Public Webex Meeting
Tuesday, March 29, 2022
1:00 PM ET, 12:00 PM CT, 11:00 AM MT, 10:00 AM PT
Expected Length of Call: 2 hours
Webex Link
Meeting in lieu of the Spring National Meeting.
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.