Becker's Healthcare June 1, 2020
Uncertainty induced by COVID-19 is complicating the job of health plan actuaries, who are currently making financial decisions about costs, premiums and benefits for 2021. Steven Lieberman, a nonresident fellow at the USC-Brookings Schaeffer Initiative for Health Policy, expects actuaries to raise plan bids for 2021 — but offers proposals to limit the amount of uncertainty when it comes to bidding.
Mr. Lieberman outlined the proposals in a May 18 blog post for the USC-Brookings Schaeffer Initiative for Health Policy. The initiative is a partnership between the Economic Studies at Brookings program and the University of Southern California Schaeffer Center for Health Policy & Economics.
Here is a three-point recap of the proposals Mr. Lieberman presented. View the full proposal,...
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