We
are pleased to announce the newest features now available in
PolySystems’ releases. If you are interested in a new release,
contact your PolySystems support actuary or
Bob Keating
at 312.332.5670.
Click here for a printable version of the features listed on
this page.
HealthMaster now
calculates an EPEND_DATE as the disablement date
advanced to the end of the elimination period, assuming
uniform 30 day months. LTCI clients completing Form 1 in
the new LTCI Experience Exhibit can compare PAID_TO_DATE
with EPEND_DATE to determine if a claim should be
admitted to the Form 1 open claim count. For the program
to compute EPEND_DATE, it must appear in the VMF and
DISABLEMENT_DATE and DISABILITY_CAUSE must be properly
coded.
The projection program
has been modified to support Deferred Profit Liabilities
for coinsurance. Projected DPL is written to vector
02684, ReCeded DPL, for coinsurance ceded and vector
04047, ReAssumed DPL, for coinsurance assumed.
The program has been
modified to support the use of ceilings for DAC/FEL/SIA.
A new field named "TREATMENT OF DAC/FEL/SIA CEILINGS"
has been added to the Amortization and Accrual Rules
table. The IGNORE CEILINGS option replicates historic
processing.
See the March 2009 issue of PolySystems' Horizons
newsletter.
The Capital Relief
Proposal allows the use of 2001 CSO preferred tables
while maintaining the original segmenting mortality. New
processing has been added to ULMaster and allows
segmenting mortality to differ from the alternative
minimum mortality. A new field, (Segmenting) Calc
Parameters Code, has been added to the Minimum
Valuations table and overrides the coded base minimum
calc parameters or secondary guaranteed override minimum
calc parameters in the determination of segments for the
secondary guarantee reserves.
We
are pleased to announce the newest features now available in
PolySystems’ releases. If you are interested in a new release,
contact your PolySystems support actuary or
Bob Keating
at 312.332.5670.