Video & Transcript Research : 'actuarial study'

Page 27 of 499
TX

Texas 89th 2nd C.S.

Insurance Mar 5th, 2025

Insurance

Transcript Highlights:
  • State law requires that rates be adequate, not be excessive, be based on sound actuarial principles,
  • Notably, our actuaries raise objections on nearly 75% of the rate filings we receive.
  • TDI has a staff of actuaries and forums reviewers who, who examine those documents very closely.
  • And, and, uh, let me say, I'm not an actuarial person at all.
  • Um, so our actuarial staff, as well as the vendor review that with the board.
TX

Texas 89th Regular

Appropriations - S/C on Article III Feb 24th, 2025

Appropriations - S/C on Article III

Transcript Highlights:
  • I can't tell you because we try to study all of the research associated with this.
  • There have been a lot of studies of the impact of money on public education.
  • Like I said, studies are studies, and they provide lots of context.
  • Still got to teach them English, math, science, and social studies.
  • Bible, biblical, or Christian Bible, biblical of relevance to some aspect of the study.
Keywords: 1184, house, all
OK
Transcript Highlights:
  • Let's give Sage a round of applause for studying law.
  • He wants to study international studies. Let's give Davis a round of applause.
  • Once to 10, oh, you want to study law and psychology.
  • He wants to attend Texas A&M to study horticulture.
  • To study political science and world affairs.
TX

Texas 89th Regular

Public Health May 12th, 2025

Public Health

Transcript Highlights:
  • In a 2022 study, 27% of American patients have undergone care with unspecified uncertainty about their
  • These studies and experiences highlight the price information asymmetry that is a common feature of the
  • In a 2024 study of imaging services in San Francisco, if patients could shop both in-network and for
  • And so I think the best way for me to explain the need for this bill is to point to a 2023 UCLA study
  • And so would you say that would be equal to what a psychiatrist would study?
TX

Texas 89th Regular

Public Health May 12th, 2025

Public Health

Transcript Highlights:
  • And that study I referenced is one of the foundational studies that shows, at that arbitrary point of
  • A more recent study, the 2017 study of rheumatologists found that up to 75% felt MOC was a waste of time
  • There was another study more recently, in 2022.
  • to study.
  • So by doing this study, we did going to start in the 90s from San Antonio on amputations.
TX
Transcript Highlights:
  • It relates to a study by the Texas Higher Education Coordinating Board on the feasibility of implementing
  • The short version then is that the bill would direct the Coordinating Board to study the feasibility
  • why they are in school in the first place, because they fall behind in their curriculum or their studies
TX

Texas 89th Regular

Higher Education Apr 1st, 2025

Higher Education

Transcript Highlights:
  • Initial programs planned at SHSU Polytechnic College for the fall of 2025 include Paralegal Studies,
  • The Texas Center for Nursing Workforce Studies projects a deficit of 56,300 RN FTEs by 2036.
  • The Center for Nursing Workforce Studies found that during the 2023-2024 academic year, 64% of nursing
  • House Bill 2856 will direct the Higher Education Coordinating Board to conduct a feasibility study to
  • So I hope you will consider supporting this bill so that we can study this and that the study can be
TX

Texas 89th Regular

Higher Education Apr 1st, 2025

Higher Education

Transcript Highlights:
  • This substitute transforms the original bill into a study.
  • Financial impact it is critical that we take a step back and thoroughly study the implications before
  • And by turning this bill into a study, we can gather the information necessary.
  • Specifically, the study will assess alignment, excuse me, alignment with the Texas education. agency's
  • They're there to study. and plan for a future and future success.
AR

Arkansas 2026 1st Special Session

ARKANSAS LEGISLATIVE COUNCIL (ALC) Mar 20th, 2026

ARKANSAS LEGISLATIVE COUNCIL (ALC)

Transcript Highlights:
  • two contracts: one for consulting services for the hospital, Medicaid, and developmental disability studies
  • subcommittee related to their ongoing study, and one for actuarial services related to oversight of
  • two contracts: one for consulting services for the hospital, Medicaid, and developmental disability studies
  • subcommittee related to their ongoing study, and one for actuarial services related to oversight of
  • The Hospital, Medicaid, and Developmental Disabilities Studies Subcommittee met on February 24 at the
Summary: The council opened with a prayer, approved the prior meeting minutes, and received the February 2026 Monthly Revenue Report from Carlos Silva of the Bureau of Legislative Research. He reported gross revenues of $5.36 billion and net collections of $4.5 billion, both above the prior year to date, and said the updated forecast now shows a larger expected surplus. Members asked about declines in some tax categories, natural gas severance fee fluctuations, inflation, and economic development incentives; Silva attributed several changes to timing, refunds, tax cuts, weather, and price volatility, and generally described the state’s revenue trend as positive. The Executive Committee, Administrative Rules, Claims Review, Game and Fish, Higher Education, Infrastructure Investment and Jobs Act, Medicaid studies, Occupational Licensing Review, State Insurance Programs Oversight, and other subcommittee reports were adopted. The Medicaid studies report drew extended discussion about DHS staffing and contract nursing costs at state hospitals and human development centers; DHS officials said they were working on a recruitment and retention plan, reported significant vacancies and turnover, and said the state was not at risk of overspending the contracts. Several members urged reducing reliance on contract labor and moving staff onto state payrolls. The Review Subcommittee report prompted questions about a Department of Public Safety aircraft maintenance item and a Department of Shared Administrative Services contract for Deloitte to implement performance and goals management software tied to the state’s new personnel system. After discussion, the aircraft maintenance item was held briefly and then withdrawn from the hold, while the shared services contract was explained as a one-time integration/configuration project for a system that will support employee evaluations and performance-based pay; the report and the separate contract vote were approved. The Personnel Subcommittee also heard testimony from Commerce Secretary Hugh McDonald about reductions in force at the Division of Services for the Blind, which he attributed to funding shortfalls and fiscal mismanagement; members questioned the impact on blind and visually impaired clients, the status of board appointments, and whether federal funds could be at risk. The report was adopted with immediate consideration, and the meeting ended after filing the remaining APER report and adjourning.
AR

Arkansas 2026 Regular Session

ARKANSAS LEGISLATIVE COUNCIL (ALC) Mar 20th, 2026

ARKANSAS LEGISLATIVE COUNCIL (ALC)

Transcript Highlights:
  • two contracts: one for consulting services for the hospital, Medicaid, and developmental disability studies
  • subcommittee related to their ongoing study, and one for actuarial services related to oversight of
  • two contracts: one for consulting services for the hospital, Medicaid, and developmental disability studies
  • subcommittee related to their ongoing study, and one for actuarial services related to oversight of
  • The Hospital, Medicaid, and Developmental Disabilities Studies Subcommittee met on February 24th at the
Summary: The meeting began with a prayer, approval of the prior minutes, and a February 2026 revenue report from Carlos Silva of the Bureau of Legislative Research. He reported gross revenues of $5.36 billion and net collections of $4.5 billion, both above the prior year, and said the updated forecast showed a larger expected surplus than before. Members asked about declines in some tax categories, natural gas severance fees, and possible effects of inflation and international conflict; Silva generally attributed the changes to timing issues, prior tax cuts, refund activity, and price fluctuations, and said he could not speculate on future impacts. The committee then heard and adopted several subcommittee reports, including the Executive Committee, Administrative Rules, Claims Review, Game and Fish State Police, Higher Education, Infrastructure Investment and Jobs Act, Hospital/Medicaid/Developmental Disabilities, Occupational Licensing Review, State Insurance Programs Oversight, and APER filings. Most reports were approved without objection. One budget classification transfer for the Commissioner of State Lands was reviewed and failed. The review report also led to discussion of several contracts, including DHS staffing contracts and a Department of Education security contract, with some items held or separated for individual votes. A major portion of the meeting focused on DHS and state staffing contracts for the Human Development Centers, Arkansas State Hospital, and related facilities. DHS officials said the contracts were on track against seven-year projections, but members expressed concern about heavy reliance on contract labor, vacancy rates, and the need to move workers onto state payrolls. Officials said they were preparing a recruitment and retention plan and described staffing levels, vacancies, and turnover. Members also questioned contract projections and federal-state funding matches, and several urged faster action to reduce contract labor costs. The committee also discussed a Department of Commerce reduction-in-force affecting the Division of Services for the Blind and Employment and Training. Secretary Hugh McDonald said the cuts were driven by funding shortfalls, over-obligation of funds, and federal issues, and that 27 positions would be permanently eliminated while furloughed employees would be recalled. Members raised concerns about service impacts, board appointments, and the division’s fiscal management. The meeting ended after the personnel report was adopted and APER was filed as reviewed, followed by adjournment.
MN

Minnesota 2025-2026 Regular Session

Committee on Human Services - 01/29/25

Human Services

Transcript Highlights:
  • <01:15:14.120> analysis year to conduct an Actuarial analysis year to conduct an Actuarial
  • When we look at the literature, both PACE programs and MSHO have shown studies to have lower rates of
  • to have lower rates of studies to have lower rates of hospitalization<01:19:57.719> and<01:19
  • and the actuarial analysis.
  • in particular um and for the lure study in particular um and for the obsolete<01:46:18.239> rules
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • Well, let me then just add that the other version had an actuarial analysis of negligible.
  • to get an actuarial analysis in this past session.
  • will say, is there an actuarial will say, is there an actuarial calculation<00:37:08.079> of<
  • the actuarial determined said the actuarial determined contribution<00:42:36.000> for<00:42:36.160
  • > determined And additionally, the actuary determined And additionally, the actuary determined
Keywords: 958, all
Summary: The committee heard testimony from Rep. Ashley Tacket Laferty on a bill to expand minimum hazardous-duty retirement and health benefits for certain public safety workers injured in the line of duty. She used a video and examples from Floyd County to describe officers and an emergency management director who were catastrophically injured but did not qualify for existing hazardous-duty coverage because their employers had enrolled them in non-hazardous retirement plans. The bill would provide a minimum benefit of 25% of pay, plus 10% for dependent children and limited health coverage, for eligible workers who cannot return to hazardous work. Laferty said the proposal would apply retroactively through a five-year window, estimated to affect a limited number of workers statewide, and would be funded by small increases in employer contribution rates. Committee members questioned how many former employees might qualify, how the bill interacts with the pension system, and who would pay the added cost. Discussion also noted that local governments choose whether to place employees in hazardous or non-hazardous coverage, largely based on cost. The sheriff’s association was present online in support, and no vote was taken. The committee then heard Rep. Daniel Gber present a revised bill allowing teachers and school district employees to use accumulated sick leave to observe religious holidays not already on the school calendar, if they provide a personal statement and sufficient advance notice. He said the measure is intended to address the rigid school calendar and the difficulty teachers face in observing non-school holidays without losing service credit toward retirement. He noted that the earlier version of the bill had allowed make-up work time, but the current draft is shorter and focused on sick leave use. He also referenced a supporting letter from a constituent who could not attend because of weather. The bill was presented for discussion only, with no committee action reported.
FL

Florida 2025 Regular Session

Ethics and Elections Jan 14th, 2025

Transcript Highlights:
  • WHAT HAPPENS IS YOU HAVE A RATE MAKING PROCESS AND AN ACTUAL EXPERIENCE PROCESS AND AT THE TIME THE ACTUARIES
  • CITIZENS ARE ACTUARIALLY SUPPRESSED.
  • BECAUSE MANY PEOPLE FIND THEM UNREASONABLE. >> THEY WILL COME IN AT AN ACTUARIALLY SOUND RATE.
  • A RATE THAT HAS BEEN DETERMINED BY THE OFFICE TO BE ACTUARIALLY SOUND. >> OKAY ACTUARIALLY SOUND BEING
  • I'M NOT AN ACTUARY.
Keywords: 999, senate, all
LA

Louisiana 2026 Regular Session

House of Representatives Mar 24th, 2026

Louisiana House Floor Meeting

KY
Transcript Highlights:
  • That's a negative actuarial impact overall with the MEHP.
  • So, I asked our actuary about this, and using the 2024 actuarial valuation, we're not going to change
  • That's a negative actuarial is going up.
  • the 2024 actuary about this and using the 2024 actuarial<00:27:39.279> valuation<00:27:39.840
  • And again lower than what the actuary And again lower than what the actuary had<00:29:25.039> projected
Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.
MA
Transcript Highlights:
  • One of those is an actuary.
  • any type of insurance program or operates health care as a part of their contract, they engage an actuary
  • , and that actuary, you know, has, from actuarial tables, they can have a, say, a fairly close to You
  • And just to follow up on that, so The community from the actuarial review.
  • As Keith said, we use an actuary. We use A.B. Powell out of Atlanta.
Keywords: 995, all
Summary: The commission met at Brookhaven at Lexington to continue discussing continuing care retirement communities (CCRCs), with a focus on financial viability, entrance fees, refund policies, and how the industry is evolving. Speakers explained that nonprofit CCRCs have shifted away from building entirely new campuses since the 2008 financial crisis, and now more often grow through expansions, affiliations, mergers, or added home- and community-based services. They also noted that many newer CCRCs, especially nationwide, are being built without on-campus skilled nursing, relying instead on assisted living, memory care, or off-site arrangements, and that zoning and local approval can affect expansion plans. A substantial portion of the discussion centered on financial health and consumer protection. Panelists said the most important indicators of a strong CCRC are high occupancy, strong liquidity, and reinvestment in the property, with low occupancy and declining days cash on hand cited as warning signs. They described how actuarial reviews are used to estimate health care utilization and set pricing, and said staffing shortages are often a bigger financial pressure than resident care utilization itself. On refunds, speakers said entrance-fee refunds are generally paid when a unit is resold and the new entrance fee is received, and that resident refunds are usually protected even in bankruptcy, though residents are unsecured creditors. Massachusetts examples such as Reed’s Landing and the Groves were cited as cases where residents remained in place and refunds were ultimately protected. The group also discussed a pending disclosure bill on Beacon Hill related to entrance fees and refund transparency. LeadingAge Massachusetts said it supports clearer disclosure so residents understand refund provisions, and reported that among surveyed member CCRCs, the average time to provide an entrance-fee refund over the past two years was about 117 days. Participants emphasized the need to balance consumer protection with preserving the financial stability of the communities. The commission also reviewed upcoming dates: a virtual public hearing/listening session on June 16, the next commission meeting on June 23, and a later discussion planned on consumer rights, protections, and advertising practices. The meeting concluded with introductions of commission members and an invitation for attendees to tour the Brookhaven campus.