Long-Term Care Valuation (B) Subgroup
- Health Insurance and Managed Care (B) Committee
- Consumer Information (B) Subgroup
- Health Innovations (B) Working Group
- Health Actuarial (B) Task Force
- Health Care Reform Actuarial (B) Working Group
- State Rate Review (B) Subgroup
- Health Reserves (B) Subgroup
- Long-Term Care Actuarial (B) Working Group
- Long-Term Care Pricing (B) Subgroup
- Long-Term Care Valuation (B) Subgroup
- Regulatory Framework (B) Task Force
- Accident and Sickness Insurance Minimum Standards (B) Subgroup
- Employee Retirement Income Security Act (ERISA) (B) Working Group
- Health Maintenance Organization (HMO) Issues (B) Subgroup
- Mental Health Parity and Addiction Equity Act (MHPAEA) (B) Working Group
- Pharmacy Benefit Manager Regulatory Issues (B) Subgroup
- Senior Issues (B) Task Force
The Long-Term Care Valuation (B) Subgroup will:
- Study the minimum standards applicable to statutory reserves for LTCI. Ensure Model #10 remains open to accommodate any necessary changes to the standards. Begin developing a principle-based framework for a set of minimum standards.
- Begin to develop health insurance reserving requirements (VM-25, Health Insurance Reserves Minimum Reserve Requirements) using a principle-based reserving (PBR) methodology. LTCI should be a priority. Request Model #10 be opened to accommodate the new requirements.
- Develop LTCI experience reporting requirements in VM-50, Experience Reporting Requirements, and VM-51, Experience Reporting Formats, of the Valuation Manual.
There are no call materials at this time.
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