CMS released a new policy memo regarding life expectancy tables. CMS is going from two LE tables to one effective July 1, 2009. See link for the text of the memo.
This is not a big issue, but it can affect WCMSAs that are prepared before July 1 using the old tables and submitted after July 1, when CMS expects everyone to use the new tables.
I have received two calls on this memo already. In both instances the caller asked if this meant that CMS was no longer allowing rated-ages. This memo does not mean that. It just changes the LE table to use in conjunction with the rated-age.
Wednesday, June 11, 2008
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