Description: In this session, panelists discuss risk-based approach to solvency regulation, developments in the health RBC formula, differences between the health and life RBC formulas and strategies for improving one's health RBC position. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 40

Description: Panelists discuss emerging valuation-actuary-related issues, including: [1] for long-term-care insurance [LTCI], reserves, risk-based capital [RBC], and new experience forms, [2] for Medicare Part D, several potential future changes, and [3] for health insurance in general, the new Statement of Standard Accounting Practice 85 [SSAP 85] and existing SSAP 84, and current activities of the International Accounting Standards Board [IASB] regarding a definition of 'insurance.' Session 27PD of the 2005 Valuation Actuary Symposium.