LVmed is the leading other post- employment benefit OPEB actuarial tool available on the market today. As part of our suite of benefit tools called LVxact, LVmed is a full system of valuation tools that is your onestop integrated product for public and private plans. LVmed values the current and projected costs of other post-employment benefits, including post-employment health and life insurance and is compliant with FAS106, FAS112, IAS19, SOP92-6, GASB43/45 and NAIC requirements. Since its inception in 1989, LVmed has received much acclaim and widespread usage by pension and health actuaries in major accounting firms, insurance companies, and consulting firms. LVmed is not a limited module or subordinate feature contained within another system. Instead, LVmed is a dedicated, full-featured application – designed as a post-retirement medical system from the ground up. LVmed allows you to comply with all FASB, AICPA, GASB and NAIC OPEB requirements, and includes medical, dental, life insurance, and other post-retirement benefits. LVmed supports plan features such as service proration, benefit caps and all Medicare coordination methods. Other features include multiple decrements for retirement, death withdrawal, and disability. Besides the standard age and sex categories, also included are allowances for separate claims for current recipients, future disabled recipients and future retirees. Additional features include gross claims, Medicare reimbursement, employee contributions, deductibles, and coinsurance, all of which can work with separate trend or utilization rates.