March 2008 A Public Policy PrActice Note American Academy of Actuaries’ Actuarial Equivalence PDP/MA-PD Practice Note Work Group March 2008 • Publish a practice note addressing the procedural and professional aspects of the certification. • Review the regulations from Centers for Medicare & Medicaid Services (CMS) that require certification by an Academy member that a prescription drug plan (PDP) or a Medicare Advantage prescription drug plan (MA-PD) meets the actuarial equivalence standard; and 2