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Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

ASOP 5 | Commentary Section 1.2 | COMMENT ON SECTION 1.2

Section 1.2, Scope
CommentResponse
One commentator suggested identifying “principal” as coming from ASOP No. 41, Actuarial Communications, and as defined in the Code of Professional Conduct.The reviewers believe the context makes this reference clear and made no change.
One commentator suggested adding “self-funded employer plans” to the list of risk-bearing entities in section 1.2.The reviewers agree and made the change.
One commentator suggested removing “regulatory agencies” from the list of risk-bearing entities in section 1.2.The reviewers changed this item to “government agencies” in order to clarify the meaning.
One commentator suggested moving the list of risk-bearing entities to the definition section.The reviewers believe the list is appropriately included in section 1.2.
One commentator suggested removing the words “insured or non-insured” in section 1.2.The reviewers agree and made the change.
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