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V70 – Health-Focused Market Conduct Exams: Why Actuaries Should Care Virtual Session

Date
August 29, 2017
Location

us

Competencies

External Forces & Industry Knowledge

 

Event Home | Registration | Presenter & Moderator | CPD

 

Update on the Valuation Actuary Symposium: The Society of Actuaries has made the decision to cancel the Valuation Actuary Symposium as a result of the weather warning in Texas. The safety of our members and attendees are of the utmost importance to us. We will refund registration fees for the symposium. Attendees also have the option to apply their fees to attend the 2017 SOA Annual Meeting & Exhibit this October 15-18 in Boston. If you have any questions please contact SOA Customer Service at customerservice@soa.org.


Time

1:15-2:45 p.m. CT

Location

This virtual session takes place via the Internet.

Registration Fees

Registration is now closed. The SOA Customer Service Center is available to assist you Monday through Friday, 8:00 a.m. to 5:00 p.m. CDT. Please call +1-888-697-3900.

Description

This session will highlight the latest changes to the National Association of Insurance Commissioners' (NAIC) Market Regulation Handbook that relate to the Affordable Care Act and other health insurance products. The session will also discuss what standards of the Market Regulation Handbook should be tested, and what products does the company write (Disability Income, Long-Term-Care, etc.). Do complaints indicate a problem in a certain area? Are NAIC standards for health reviews adequate? Should there be more specific procedures added? What examiner tools are useful to assess the value of products? Find out what regulators will be looking for in upcoming market conduct examinations and how these things apply to actuaries and their work.

At the conclusion of the session, attendees will be able to:

  • Understand when market conduct examinations are performed;
  • Comprehend how pricing of health products and actuaries' roles apply;
  • Discuss the importance of sound, high quality data for insurers; and
  • Understand how market conduct actions have changed in recent years.

How the live virtual session works and what it includes

Connect to the Internet to participate in the session as it takes place at the 2017 Valuation Actuary Symposium in San Antonio. The virtual broadcast streams the video, audio and PowerPoint slides through your computer during the session. As a virtual participant, you will be allowed to interact and submit your questions for live response during the session.

You will participate in the virtual session via the Internet. A computer with Internet access and sound capabilities is required. No other equipment is necessary. On Aug. 25, 2017 before 2:00 p.m. CT you will be sent detailed instructions via email including the web address for accessing the program. Any handouts that are available will also be sent. You will follow along with both the slide presentation and the audio portion of the broadcast over the Internet.

The registration fee includes:

  • One access code to the live virtual session;
  • One Internet connection;
  • One phone connection (to be used only if experiencing sound issues or if in a conference room with a group); and
  • One set of presentation materials.

Please note that each access code may only be used for one location , even if you register for more than one participant.

Post-Event Purchase Opportunity

For those who are interested in SOA virtual sessions but are unable to participate in the live event, access to an archived recording of the virtual session will be available for purchase approximately 10 business days following the event.