GH 201-U: Name the U.S. reporting basis before interpreting a reserve
Statutory reporting and GAAP can differ in purpose and treatment. A health reserve label alone does not establish the correct calculation. Tie an answer to the entity, contract and applicable basis.
Original practice scenario
Compare an original operational claims estimate with a financial-reporting balance and identify possible scope, expense or recognition differences. The task is to explain a reconciliation, not assume the numbers must match. Use the current U.S. course readings for any rule-specific treatment.
Study check
Write the assumptions, the decision being supported and one limitation. Use the current course syllabus for the required terminology and scope; this introductory guide is not a complete course summary.
Reading sources
ActNet editorial guide · October 1, 2026 · Original illustrative examples.