A required regulatory filing for health benefits, accident and health insurance, and entities providing health benefits, which requires projection of future contingent events, for rates or benefits, or financial projections. Rate or benefit filings include, but are not limited to, the following: a. filings of manual rates, rating factors, or underwriting manuals; b.filings of rating methodology, such as experience rating formulas and factors; c.statements of actuarial soundness or rate adequacy, as may be defined by the regulatory body, for future rating periods; d. certification of benefit values, such as actuarial value or actuarial equivalence, for example, as required by the Affordable Care Act; and e.other filings of a similar nature as may be required by a regulatory body. (ASOP No. 8)
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