Washington, DC (PRWEB) April 17, 2014
CMS last week issued a Q&A document discussing payments for the risk corridor program, one of three risk mitigation programs established under the Affordable Care Act — known as the 3Rs — providing additional protection to qualified health plans offering coverage on exchanges. An elite team of actuaries from Milliman will dissect this latest guidance during “Reinsurance, Risk Corridors and Risk Adjustment (the ‘3Rs’): Strategies for Mitigating Health Plan Risk,” a session in the upcoming May 6 virtual conference from Atlantic Information Services, Inc. (AIS).
The permanent and temporary “3R” programs have offered some relief for carriers competing on the exchange in the face of significant overhauls to the market. But how are these provisions changing for 2015 and beyond, and what new challenges do carriers face as a result? Three consultants from Milliman — Victoria Boyarsky, Hans Leida, Ph.D., and David Liner — will provide practical insights on these issues and summarize the most important changes ahead for carriers, including CMS’s recently released Q&A document on the risk corridor program. Attendees will learn:
- What is the impact of late-breaking changes to 2014 rules for reinsurance and risk corridors likely to be?
- How will recent extensions for non-ACA-compliant plans impact pricing for 2015 and beyond?
- How will the transitional risk corridor program compensate carriers if the Obama administration’s extension negatively impacts the risk pool?
- What long-term strategic concerns should issuers be aware of for the out-years?
- What additional (non-3R) strategies should health plans consider for limiting the risks associated with their public exchange participation?
The other sessions in the full-day virtual conference, “Public Exchanges: Translating Lessons Learned Into Insurer Strategies for 2015,” will cover recent events in reform implementation, Web-broker entities and product design, pricing and sales. Each session will conclude with generous time allocated to answering individual questions.
AIS’s virtual conference allows participants to attend a live conference without having to travel to a meeting site. Plus, the registration fee includes a free On-Demand recording of each session, so any agenda items can be reviewed at a later time.
For more information, including the day’s full agenda, speaker biographies and how to register, visit http://aishealth.com/public-exchanges.
Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. It develops highly targeted news, data and strategic information for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. AIS products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. Learn more at http://AISHealth.com.