How do we solve the problem of out-of-control healthcare costs? A group of actuaries is giving it their best shot

Fierce Healthcare January 16, 2019
Paige Minemyer

The Society of Actuaries and Kaiser Family Foundation are taking aim at rising healthcare costs.

Plenty of groups have banded together in hopes to bend the healthcare costs curve.

But a new pairing of experts decided to take a crack at it—and they’re bringing some pretty specialized expertise to the problem.

The Society of Actuaries and Kaiser Family Foundation formally launched the new effort officially dubbed “Initiative 18|11” this week. (In case you’re wondering, they named it that since healthcare accounts for 18% of gross domestic product in the U.S., and is 11% in other countries, such as the United Kingdom.)

Brian Pauley, a fellow with the Society of Actuaries and the initiative’s chair, told FierceHealthcare that with the...

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