For insurers, plan sponsors and employer groups, success in the post-ACA world is all about increasing efficiency and improving financial results. Horman Actuarial Solutions offers a wide range of actuarial consulting services informed by our extensive expertise in strategic planning, forecasting, and execution — across the commercial, Medicaid, and Medicare sectors.
Advanced commercial health plan actuarial consulting:
Experience Analysis & Forecasting
- Comparing claims volume to premium revenue
- Proposing adjustments to premiums, features, and/or benefits
Valuation and Reserving
- Accurate estimating of liabilities and reserves: IBNR, PDR, and other major actuarial accruals
- Qualified to sign annual statements of actuarial opinion
Rating Strategy Filing & Support
- Handling the wide expanse of of rating and regulatory filings
- Ensuring compliance with changing DOI requirements
Strategic Plan Design & Pricing
- Researching competing plans in your market/niche
- Recommending features, premium rates, and deductible levels
