Our actuaries are experts in the healthcare field and have been working with health plans for over 100 combined years. We assist self-funded plans, government plans, retiree plans, and commercial plans. Our services include, but are not limited to:
- Incurred But Not Reported (IBNR) Valuations
- Incurred Claim Projections
- Detailed Trend Analysis
- Cash Flow Projections
- Plan Benefit Design Analysis
- Legislative Changes & Fiscal Note Analysis
- Stop-Loss Coverage
- Rate Renewals
- Tiered Rating Structures
- Migration and Selection Analysis
- Employer Funding Strategies
- Employee Contribution Strategies
- ROI Analysis of Health and Wellness Initiatives
- Medicare Part D Attestations
- OPEB Valuations in Compliance with GASB 74 and 75
- FASB Valuations in Compliance with ASC 712 and 715
- RDS Attestation and Filings
- Develop effective strategies to respond to unnecessary utilization of components of the health care benefit structure
- Our actuaries were engaged to assist in the analysis and selection of alternative PBMs in most recent Multi-State Prescription Coalition Group, which resulted in millions of dollars of savings for our client. This analysis included the comparison of alternative formularies provided by each finalist, as well as the proposed administrative costs and projected drug rebates guaranteed by each PBM.
Contact us today for all of your Health Care insurance needs.