State insurance regulators are wrestling with questions about whether the benefits insurance company employers have offered employees are promises or heartfelt wishes.
The Statutory Accounting Principles Working Group at the National Association of Insurance Commissioners (NAIC), Kansas City, Mo., is coming up against those questions as it drafts Statement of Statutory Accounting Principles (SSAP) Number 92.
A discussion draft to be considered at a working group conference call set to take place Wednesday is supposed to take effect Jan. 1, 2013. The SSAP would supersede SSAP No. 14 and nullify two related batches of guidance.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
