November 7-8, 2024, 12:00-4:00pm ET
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Learn about health insurance and key accounting concepts used in the industry including lines of business, specialized terminology, contents of the NAIC Annual Statement, and the accounting for premiums, expenses, and claims. This course will conclude with a review of the statutory balance sheet and income statement.
Who Should Attend: Those who need a better understanding of statutory health financial reporting or desiring an introduction to the unique financial characteristics of the health insurance business.
Prerequisites and Advance Preparation: None
Program Level: Overview
Field of Study: Accounting
- Identify the types of organizations filing the Health Annual Statement
- Distinguish between statutory and GAAP objectives
- Explain the structure of the health Annual Statement
- Recognize premium, claim, and expense concepts
- Identify key components of the statutory balance sheet and income statement