Wednesday, March 18, 2009

Press Conference - Cummins report factually incorrect


March 17, 2009

Contact: Wayne Rohde

(405) 973-7049 (c)

MEDIA ADVISORY: Wayne Rohde to share complaint filed against Thomas Cummins

The Cummins actuary report is factually incorrect and misleading

OKLAHOMA CITY — The Oklahoma House of Representatives received testimony by Mr. Thomas Cummins, MAAA regarding his actuary study on the proposed legislation known as Nick’s Law, autism insurance mandate.

Mr. Cummins violated several of the Actuarial Board for Counseling and Discipline standards as he prepared and presented his study for the House of Representatives, claiming that the cost of Nick’s Law would result in an increase of up to 19.8%.

A complaint filed by Wayne and Robyne Rohde outlines the errors of the study and the bias of the report.

Other actuary studies, produced by members of the American Academy of Actuaries, and other organizations have concluded that Nick’s Law and other similar legislation has a cost of less than 1%.

WHO: Wayne Rohde

WHAT: Mr. Rohde will outline the complaint, review the inaccuracies and bias.

WHERE: Fourth floor press room, Oklahoma State Capitol

WHEN: 11 a.m. March 18, 2009

WHY: The Cummins study along with the press statement from the Speaker’s office have become testimony in other states to defeat legislation similar to Nick’s Law.


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