IN THE MEDIA
Latest News from AHP
SOA Releases AHP Authored Research Report
The Society of Actuaries has released a research report analyzing the cost of care for terminally ill cancer patients. The report was authored by William Bednar, FSA, FCA, MAAA, Joshua Axene, FSA, FCA, MAAA and Richard Lilliedahl, MD of Axene Health Partners, LLC. The full article and PDF are available to read and download at the SOA website by clicking the link below. Read the Article
Greg Fann Quoted in CBS MoneyWatch on on the freeze to ACA Risk Adjustment Payments
AHP Senior Consulting Actuary, Greg Fann, FSA, FCA, MAAA, was quoted in a recent article about ACA risk adjustment payments for years 2014 to 2018 being invalidated by to a New Mexico district court. Greg notes that the ruling temporarily prevents further collections and payments from being made, and while the ruling and the CMS announcement do not reference 2019, any future changes to risk adjustment methodology will impact insurer rate levels in both [...]
Greg Fann Quoted in Kaiser Health News on Continued Navigator Funding
AHP Senior Consulting Actuary, Greg Fann, FSA, FCA, MAAA, was quoted in a recent article, highlighting net premium levels as a greater predictor of market enrollment than government advertising, outreach, and navigator funding. Greg points to 2018 as a prime example. The number of people enrolled in the ACA individual market increased 3% due to additional premium subsidies driven by President Trump’s CSR action (https://axenehp.com/cost-sharing-reduction-paradox-defunding-help-aca-markets-not-make-implode), despite drastically lower government funding to promote 2018 open enrollment. [...]
Greg Fann Quoted in Modern Health Care on the freeze to ACA Risk Adjustment Payments
AHP Senior Consulting Actuary, Greg Fann, FSA, FCA, MAAA, was quoted in a recent article about ACA risk adjustment payments being frozen due to a New Mexico court decision. Greg urged a tempered perspective and noted that prior ACA-related news has been negatively overblown initially and ultimately resulted in changes beneficial to the market. The New Mexico case stems from commonly noted alleged inequities in the ACA Risk Adjustment methodology, which Greg detailed in [...]
Greg Fann Quoted in Bloomberg.com article on rising ACA Premiums for 2019
AHP Senior Consulting Actuary, Greg Fann, FSA, FCA, MAAA, was quoted in a recent article on rising healthcare premiums for ACA plans. Greg offered further clarification of his thoughts on current ACA rates and premium increases for 2019. “The initial proposed premium increases for 2019 exhibit a wide variance and suggest that early calls of a stabilized market in 2017 were overstated. Carriers are still grappling with large uncertainty around enrollment dynamics and risk [...]
Axene Health Partners Open New Corporate Headquarters in Temecula, California
Axene Health Partners, LLC are pleased to announce the opening of our new corporate headquarters in Old Town Temecula. The new office is located at 41923 2nd Street Suite 204, Temecula, CA 92590. The building is located near the 15 freeway serving the Temecula Valley and will allow easy access for visiting clients. This move also puts our actuarial consultants under the same roof as our IT development team which will help us better [...]