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2011 Risk-Based Capital Preparation Workshop

December 2, 2011
San Diego, CA

Hotel Information: The US Grant  (866)837-4270; $179/night

Tuition: $925 ... CPE Credits Available: 8


What you will learn

  • 1-day workshop provides understanding and working knowledge necessary to prepare and file the 2011 Health Risk-Based Capital Formula

  • Addresses all new changes to the 2011 RBC Formula and proposed changes to the 2012 Formula

  • Discusses how annual statement preparation efforts affect preparing the RBC Formula

  • Discusses underlying data in the annual statement used to prepare the RBC formula

  • Provides detail training on the completion of each section of the RBC Formula

  • Utilizes case studies, examples, and exercises to enhance participants' skills

  • Addresses the use of the RBC forecasting tool to study the impact of changes in the formula and their impact on your company's RBC results

  • Participants are encouraged to bring copies of their prior year's annual statement and RBC report for discussion and clarifications of any reporting problems

What's New for 2011

  • Proposed changes to Health RBC Formula regarding deferred tax assets

  • Continued discussion of impact of federal health care reform on the Health RBC Formula

  • Update on adoption of Health RBC Model Act

Seminar Content

  • Overview of the Risk-Based Capital Formula and Model Law

  • Overview of changes to the 2011 RBC Formula

  • Individual instructions on preparing each section of 2011 RBC formula

  • Guidance on using the forecasting tool for planning and projections

  • Review and discussion of proposed changes to the 2012 RBC Formula

Who should attend?

  • Individuals responsible for the preparation and individuals providing supporting data for the preparation of the Health RBC Formula

  • Individuals responsible for the review of the Health RBC Formula

  • Individuals who perform analysis of RBC results and forecast RBC and capital projections

Class Information

Class begins at 8:30 a.m. and concludes at 5:00 p.m.

Continental breakfast will be served before the morning session and morning and afternoon refreshments are provided. Lunch is the responsibility of the attendee.

Field of Study: Specialized Knowledge and Applications

Level of Difficulty: Basic. No prerequisite or advance preparation is required. Participants should have a general understanding of the preparation of the Annual Statement

Format of Course: Presentation with Training Guide, ("Group-live")


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Millennium Consulting Services, LLC is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site:  www.nasba.org
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