Contact Us: 919.569.6762
info@mcs-nc.com

About the Workshop

2017 Workshop Fee

Standard Rate $900
Early Bird Rate* $810
Regulator Rate $450

*Early bird valid until July 13

Discount Packages

Bundle with
Claims Accounting &
Reporting Workshop

and save $300.

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Multiple Registration Discounts

5% discount for 2-3 attendees and/or seminars

10% discount for 4 or more attendees and/or seminars

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2017 ACA Accounting and Reporting & Supplemental Health Care Exhibit Preparation Workshop

What You Will Learn

  • Statutory accounting and reporting for the Affordable Care Act ("ACA") Section 9010 Annual Mandated Fee on Insurers and the Risk Adjustment, Transitional Reinsurance, and Risk Corridors Programs.

  • Accounting, reporting, and disclosure requirements addressed in SSAP No. 106 - Affordable Care Act Assessments and SSAP No. 107 - Accounting for the Risk-Sharing Provisions of the Affordable Care Act.

  • Accounting and reporting for the Medicare Advantage Program in conjunction with the Supplemental Health Care Exhibit and the CMS MLR Report.

  • Impact of ACA Programs on the 2017 Medical Loss Ratio reporting requirements pursuant to ACA Section 2718(b).

  • Overview and filing requirements for the 2017 Supplemental Health Care Exhibit including changes from the 2016 Exhibit.

  • Overview of new NAIC and HHS MLR Regulations for 2017 Reporting.

  • Preparation and filing of the 2016 Supplemental Health Care Exhibit - Parts 1, 2, 3 and; Expense Allocation Form.

  • Case study on the accounting and reporting for the ACA Fees and Stabilization Programs.

  • Case study on the preparation and filing of the 2017 SHCE - Parts 1, 2, and 3 and the SHCE's Expense Allocation Report including data accumulation and allocation methodologies.

Seminar Content

  • Overview of statutory accounting and reporting for the Affordable Care Act ("ACA") Section 9010 Annual Mandated Fee on Insurers and the Risk Adjustment, Transitional Reinsurance, and Risk Corridors Programs.

  • Accounting, reporting, and disclosure requirements addressed in SSAP No. 106 - Affordable Care Act Assessments and SSAP No. 107 - Accounting for the Risk-Sharing Provisions of the Affordable Care Act.

  • Accounting and reporting for the Medicare Advantage Program in conjunction with the Supplemental Health Care Exhibit and the CMS MLR Report.

  • Overview and filing requirements for the 2017 Supplemental Health Care Exhibit including changes from the 2016 Exhibit.

  • Preparation and filing of the 2017 Supplemental Health Care Exhibit - Parts 1, 2, 3 and; Expense Allocation Form.

  • Overview of CMS MLR Reporting and Medicare Advantage MLR Forms.

  • Impact of ACA Programs on the 2017 Medical Loss Ratio reporting requirements pursuant to ACA Section 2718(b).

  • Case study on the accounting and reporting for the ACA Fees and Stabilization Programs.

  • Case study on the preparation and filing of the 2017 SHCE - Parts 1, 2, and 3 and the SHCE's Expense Allocation Report including data accumulation and allocation methodologies.

Who Should Attend?

  • Individuals responsible for the preparation and individuals providing supporting data for the preparation of the SHCE.

  • Individuals responsible for the review of the SHCE including Annual Statement Preparers, Cost Accountants, Auditors, Actuaries, Financial Executives, Regulators and Others responsible for the preparation, review or auditing of the SHCE.

Class Information

Class begins at 8:00 a.m. and ends at approximately 5:00 p.m. Continental breakfast will be served between 7:30 a.m. and 8:30 a.m. Morning and afternoon refreshments are provided. Lunch will be the responsibility of the attendee.

  • Field of Study
    Specialized Knowledge and Applications

  • Level of Difficulty: Basic
    No prerequisite or advance preparation is required.

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

Hotel

Omni Royal Orleans Hotel
621 St. Louis Street
New Orleans, LA 70130
Tel: 504-529-5333
www.omnihotels.com

About the Hotel
The Omni Royal Orleans is centrally located in the heart of the French Quarter-a National Historic Landmark and the oldest neighborhood in New Orleans. The riverfront, as a dominant port, was frequented by pirate ships making their way under cover through the bayous and tributaries leading off the Mississippi River. From fine dining at Muriel's, Arnaud's or Antoine's to above-ground cemeteries on Rampart and even voodoo shops and live Jazz in the vintage Preservation Hall, the French Quarter will not run out of ways to entertain you.

Reservations
Please note accommodations and travel are not included in the registration fee. For your convenience, we have secured a block of discounted rooms at a rate of $119 to $139 with your choice of room type. Rooms are reserved on a first come first served basis. To reserve your room at the discounted conference rate, contact reservations at 800.578.0500 and reference Millennium Consulting Seminars or name of seminar attending. Reservations must be made on or before August 16, 2017 to receive the discounted rate.

Terms & Conditions

  • Confirmation Procedures
    You will receive confirmation via email of your registration. Registration is not complete until your payment is received. Your confirmation will provide information regarding transportation, logistics and materials needed for the seminar(s) as well as an invoice for your tuition.

  • Cancellations/Refunds
    We understand that circumstances may arise that require you to cancel. You may send a replacement or apply your tuition to another MCS seminar within the following 12-months if you notify MCS fifteen (15) business days prior to the seminar date.

    As an alternative, you may request a refund, less a $200 administrative fee, up to ten (10) business days prior to the seminar date. If notification of cancellation is received less than ten (10) business days prior to the seminar date, you will be liable for the entire tuition amount. In fairness to all attendees, if you do not attend a seminar for which you are confirmed and do not contact MCS to cancel in advance, you will be liable for the entire tuition amount.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 919.569.6762.

Speakers

     

Bruce Cromartie
President/CEO

Bruce is the co-founder, President and CEO of Millennium Consulting. With over two decades of insurance and regulatory experience, Bruce is known throughout the insurance industry for his insurance acumen, leadership, and expertise in insurance accounting and regulatory matters.

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Colleen Gingrich
Vice President

Colleen is the co-founder and Executive Vice President of Millennium Consulting. Colleen's extensive knowledge, experience, and expertise encompass a variety of insurance areas including investments, claims, risk-based capital, and IT systems. She has over a decade of managerial...

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What's New for 2017

  • Updated statutory accounting and reporting guidance for ACA Risk Corridors Program.

  • Changes to the 2017 Supplemental Health Care Exhibit.

  • Overview of 2016 CMS Medical Loss Ratio Reports.

  • Update on changes to CMS MLR and Medicare Advantage MLR Formulas.

Copyright ® 2017 Millennium Consulting Services, LLC. All rights reserved.

Millennium Consulting Services | 919.569.6762 | info@mcs-nc.com