December 9, 2024, 1:00 - 5:00pm ET
Gain a perspective of the NAIC Health Risk-Based Capital calculation. We will discuss the various categories of RBC risks, calculations of the authorized control level RBC and total adjusted capital, the history of capital regulations in the industry, and other miscellaneous RBC analysis.
Upon successful completion, the learner should be able to:
- Understand the purpose and theory of the RBC calculation
- Identify and differentiate the various categories of RBC risk
- Understand the calculation of the various RBC risks
- Learn about the sources of data for the various calculations
- Identify the concepts and calculations of authorized control level and total adjusted capital
- Identify the regulatory impacts of the RBC process
Who Should Attend: Accountants, auditors, analysts, and others who want to understand better the process and calculations that drive Health insurance RBC requirements will benefit from this course.
Prerequisites and Advance Preparation: The RBC process is a crucial part of managing capital levels in a Health insurance company. We recommend that participants be familiar with the health industry and its accounting and financial reporting processes. No advance preparation is required.
Program Level: Intermediate
Field of Study: Accounting
NASBA Revision Date: August 2024
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