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

ASOP 5 | Commentary Section 4.1 | COMMENT ON SECTION 4.1

Section 4.1, Actuarial Communication
CommentResponse
In subsection (a), one commentator suggested referring to a range of incurral and processing dates.The reviewers believe the current language is adequate and would include date ranges.
One commentator suggested combining the disclosure items regarding variation of actual results compared to estimates (c) and risk of provider insolvency (f).The reviewers believe these are distinct types of risks and made no change.
In section (d), one commentator requested clarification of the need for documentation of follow-up studies.The reviewers changed the wording of this item to improve clarity.
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