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News2023-10-04T18:53:40-07:00

IN THE MEDIA

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Greg Fann’s Actuarial Report Appears in Regulatory Comments Submitted by BCBSAL

Consulting Actuary Greg Fann’s actuarial report on the implications of reducing ACA risk adjustment transfer payments in the Alabama individual marketplace appear in regulatory comments submitted by Blue Cross and Blue Shield of Alabama (BCBSAL) on the Proposed 2023 Notice of Benefit and Payment Parameters. ACA rules allows states to reduce risk adjustment transfer payments up to 50%; Alabama has been the only state to implement this mechanism, and the proposed rule would eliminate [...]

Greg Fann Quoted in Bloomberg Law Article on ACA Insurer Retention Strategy

Consulting Actuary Greg Fann, FSA, FCA, MAAA was quoted in a recent Bloomberg Law article focusing on innovation in retaining customers. He noted that despite the ACA ideal of insurers competing on quality and efficiency rather than risk selection, they still care as much about enrollment mix as they do about overall enrollment levels. “I would say insurers are probably more focused on trying to understand which of their members are profitable versus which are not. [...]

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