Contact Us: 919.569.6762
info@mcs-nc.com

About the Workshop

2018 Workshop Fee

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

*Early bird valid until October 6

Discount Packages

Courses 2 & 3 $2,460
Save $435
Courses 1, 2 & 3 $3,905
Save $690

Course 1: Introduction to Health Statutory Accounting & Reporting

Course 2: Health Annual Statement Preparation

Course 3: Risk-Based Capital Preparation

Multiple Registration Discounts

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

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

Learn more...

2018 Risk-Based Capital Preparation Workshop

What You Will Learn

  • 1-day workshop provides understanding and working knowledge necessary to prepare and file the 2018 Health Risk-Based Capital (RBC) Formula.

  • Guidance for start-up companies and the Health RBC Growth Factor.

  • How Annual Statement Preparation efforts affect preparing the Health RBC Formula.

  • The underlying data in the Annual Statement and internal company data used to prepare the Health RBC Formula.

  • How to utilize the Health RBC forecasting tool to study the impact of Company changes to Company's Health 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.

Seminar Content

  • Introduction and overview of 2018 Health Risk-Based Capital Formula and Model Law.

  • Changes to the 2018 Health RBC Formula and Instructions.

  • Proposed changes to the 2019 RBC Formula.

  • Detailed guidance on completing each section of the Health RBC Formula.

  • Guidance on using the forecasting tool for planning and projections.

  • Case studies, examples and exercises to enhance participants' skills in preparing Health 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 from 7:30 a.m. to 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. Participants should have a general understanding of the preparation of the Annual Statement.

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

Hotel

Bellagio Hotel and Casino
3600 South Las Vegas Boulevard
Las Vegas, NV 89109
Tel: 702.693.7111
www.bellagio.com

About the Hotel
Inspired by the beautiful villages of Europe, the Bellagio Hotel and Casino overlooks a Mediterranean-blue lake in which fountains perform a magnificent ballet choreographed to music and lights. The Bellagio also features a world-class art gallery showcasing twice yearly museum-caliber exhibitions, the exquisite beauty of the lush Conservatory and Botanical Gardens, Cirque du Soleil’s stunning performance of “O,” an intimate wedding chapel, luxurious spa and salon, dynamic nightlife and an elegant casino add to the symphony that is Bellagio.

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 $139 per night plus $39 resort fee per night. Rooms are reserved on a first come first served basis. To reserve your room at the discounted rate, contact the hotel reservations department at 888.987-6667 or 702.693.7044 and reference Millennium Consulting Seminars. Reservations must be made on or before November 9, 2018 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 2018

  • New Stop Loss Interrogatories and electronic only table to capture the number of stop loss contracts by group size.

  • Updated guidance for the treatment of Medicaid pass-through payments.

  • New instructions for Page XR012 for beneficiary premium and incurred claims for stand-alone Medicare Part D coverage.

  • New instructions for Page XR021 to include ASC and ASO broker commissions.

  • Revised instructions for Low Income Housing Tax Credit line factor.

  • Impact of Federal Tax Reform on the Health RBC Formula.

Copyright ® 2018 Millennium Consulting Services, LLC. All rights reserved.

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