This webinar will summarize the top 10 actuarial issues of a health
exchange. These issues will include whether the exchange is mandatory
vs. voluntary, whether to merge the individual and small group markets,
and other issues. We plan to discuss in-depth the Basic Health Program
and risk adjusters, a description of which follows:
Basic Health Program: The Affordable Care Act establishes the
option for states to create a Basic Health Program to provide healthcare
coverage for individuals between 133% of the Federal Poverty Level (FPL)
and 200% of the FPL. The federal government will provide subsidies for
premium and cost sharing that would otherwise have been provided to
consumers to offset the cost of premiums and out-of-pocket expenses in
the insurance exchange. This portion of the session will focus on the
primary assumptions and considerations of making this program decision.
Specifically, we will explore:
- The cost of these individuals
under a Medicaid type benefit
- The cost of these individuals in a
Commercial exchange benefit
- The federal subsidies offered
- Other implications of this program
such as access to benefits and continuation of coverage
Risk adjustment methods: Under
the ACA, each State must apply risk adjustment to equalize actuarial
risk among its healthcare insurers. In this part, we will discuss the
important considerations when adopting risk adjustment in an insurance
exchange. In particular, we will address:
- the key decision points when
selecting a risk adjustment system
- applicability of existing risk
adjustment systems to the uninsured population
- state vs. federal considerations
- risk adjustment inside and outside
the exchanges
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This program will assist:
- State and Federal employees working on building their states'
exchanges by providing the conceptual and detailed information
involved in development of an exchange, including identification and
discussion of key decision points.
- State employees looking to optimize their Federal subsidy of the
low income population through the Basic Health Program option.
- Health plan and other interested executives and staff looking to
better understand complexities and detailed applicable issues and
provisions of the exchanges.
- Attendees in exploring the primary assumptions and
considerations involved in state decisions to exercise the option to
establish a Basic Health Program.
- Attendees to ascertain the
concepts involved in application of risk adjustment to equalize
actuarial risk among exchange insurers and the important
considerations when adopting risk adjustment in an insurance
exchange.
- Attendees to engage in interactive learning through online question submission, attendee feedback and opportunity for
follow up questions, and networking with attendees, faculty and other
professionals through dedicated LinkedIn group.
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Interested attendees would include:
- State Medicaid Directors and Staff
- State Insurance Commissioners and Staff
- Legal, Regulatory and Policy
Executives and Staff
- Strategy and Planning Executives and
Staff
- Compliance Executives and Staff
- Business Development Executives
and Staff
- Marketing Executives and Staff
- Business Intelligence Staff
Attendees would represent organizations
including:
- Government Agencies
- Health Plans
- Agents and Benefit Consultants
- Pharmaceutical Benefit Management Organization
- Solutions Providers
- Associations, Institutes and
Research Organizations
- Media
- Other Interested Parties
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Individual Registration Fee: $195. Audio Conference CD-ROM: $40
for attendees; $255 for non-attendees after the event.
State and Federal Government
agencies qualify for a 50% registration discount, and may use the
discount code "GOV" when registering.
Corporate Site licensing also available. Click
here to register or call 209.577.4888 We look forward to your
participation in this event!
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