Book Description
Economic Implications of the Fair Insurance Practices Act
Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
Page : 46 pages
File Size : 13,53 MB
Release : 2018-05-19
Category :
ISBN : 9781719290951
Economic Implications of the Fair Insurance Practices Act
Author :
Publisher :
Page : pages
File Size : 48,44 MB
Release : 1984
Category :
ISBN :
Author : U S Government Accountability Office (G
Publisher : BiblioGov
Page : 50 pages
File Size : 28,30 MB
Release : 2013-06
Category :
ISBN : 9781289018658
In response to a congressional request, GAO reviewed the economic implications of the proposed Fair Insurance Practices Act. Specifically, GAO reviewed: (1) how cost considerations vary by type of insurance; and (2) the effect that unfunded liabilities in pension plans would have on the ability of pension plans to meet the minimum funding requirements of the Employee Retirement Income Security Act. The bill would require that unequal insurance contracts of equally situated males and females be equalized, either by equalizing premiums on contracts with equal coverages or by equalizing coverages on policies with equal premiums. On long-term contracts whose premiums cannot be increased or coverages reduced, coverages would probably have to be increased or premiums reduced for the sex which is disadvantaged by sex-distinct pricing. GAO found that the bill would result in unfunded liabilities totalling between $16 and $32 billion which would directly affect insurance companies and pension plans. GAO believes that most pension plans would be able to effectively fund their increased liabilities with significantly less difficulty than would insurance companies. GAO concluded that, although the redistributive effects of the legislation are impossible to estimate, they would be significant and the administrative costs would be substantial.
Author : United States. General Accounting Office
Publisher :
Page : 39 pages
File Size : 21,95 MB
Release : 1984
Category : Discrimination in insurance
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 8 pages
File Size : 29,83 MB
Release : 1984
Category :
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 444 pages
File Size : 41,22 MB
Release : 1984
Category :
ISBN :
Catalog of reports, decisions and opinions, testimonies and speeches.
Author : United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Labor
Publisher :
Page : 260 pages
File Size : 13,2 MB
Release : 1983
Category : Discrimination
ISBN :
Author : United States. General Accounting Office. Office of the General Counsel
Publisher :
Page : 20 pages
File Size : 34,57 MB
Release :
Category : Government property
ISBN :
Author :
Publisher :
Page : 12 pages
File Size : 48,59 MB
Release : 1984
Category : Finance, Public
ISBN :
Includes legal decisions and opinions of the Comptroller General.
Author : United States. General Accounting Office
Publisher :
Page : 154 pages
File Size : 46,66 MB
Release : 1984
Category : Finance, Public
ISBN :