Total Pageviews

Friday, May 18, 2012

Annual Statement for Health Insurance Accounting

The health insurance line of business has been in the Annual Statement of Property
and Casualty companies and Life and Accident and Health companies since the 1960s.
The Health Annual Statement was recently developed and introduced in 2001 as a
replacement of the Annual Statement Blanks for HMOs, PPOs and CCRCs
(Continuing Care and Retirement Communities). Companies licensed as a P/C or L/H
that write substantive health business (95% of total writings and reserves) will have
to file the Health Annual Statement. Please check your Annual Statement Instructions
for calculating the Health test.

No comments:

Post a Comment