- 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
2023 Adopted Charges
The Long-Term Care Actuarial (B) Working Group will:
- 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 and VM-51.
NAIC Support Staff: Eric King
Public Conference Call
Friday, February 17, 2023
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link
The consolidation of the Long-Term Care Pricing & Valuation Subgroups into the LTCAWG
Revising / expanding the “Consolidated, Most Commonly Asked Questions – States’ LTC Rate Increase Reviews” that are the questions encouraged to be asked by states or the MSA filing team to avoid 50 states asking 50 different sets of questions. (Appendix B of https://content.naic.org/sites/default/files/documents/ltci-msa-framework.pdf),
Discussion of the MSA actuarial methodology approaches (Texas and Minnesota, Appendix C of https://content.naic.org/sites/default/files/documents/ltci-msa-framework.pdf)
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.