Dave’s Insights
Adapt or Die – Emerging Trends You Need to Know
I ran a poll recently on which emerging trend would have the biggest impact on healthcare actuaries in the future and (not to pat myself on the back) was excited to see that, out of 94 total votes, three of the options were nearly in a dead heat. The four choices –...
Navigating Divisive Issues? Lead with Objective Communication
It’s hard to imagine another time in history when personal viewpoints were held in a stauncher regard than they are today. Be it within the political sphere or outside of it, we’ve seemingly been conditioned to discard nuance and pick sides – I know I’ve been guilty...
The Unlikely Connection Between Actuaries and Jedis: Harnessing the Power of the Force
Identifying and averting potential hazards, utilizing a profound comprehension of intricate systems, and striving to enhance the well-being of others – are these qualities of a proficient healthcare actuary or a Jedi? Excluding the lightsaber duels and telepathic...
The Omnibus Effect
As healthcare actuaries, staying up-to-date on the latest legislation and how it may impact the industry is our responsibility- which can be a daunting task. In one of my recent newsletters, I discussed the Consolidated Appropriations Act, also known as the Omnibus...
Gap Health Insurance: Drilling Down to the Basics
The one thing I can predict about life is that it will be unpredictable. And the past few years have proven we can never fully anticipate health events, a job change, or health insurance transitions. Which is why having a backup plan in place is so crucial. ...
Learn, Improve, and Serve, Even in the Face of Change
The beginning of a new year never fails to bring a multitude of resolutions, predictions, questions, and uncertainty. Even those hardwired with analytical minds and practical thinking can fall victim to the onslaught of...
What do extended Affordable Care Act subsidies mean for premiums?
In 2016, the US Census Bureau estimated that 8.8% of people, about 28.1 million, did not have health insurance coverage for the entire calendar year.¹ This number was staggering compared to previous years. Between 2013 and 2016, uninsured rates declined in 39 States.²...
What Innovative Solutions Are Coming To The Healthcare Industry?
Healthcare costs have been going up at 2 to 3 times the general inflation rate. New innovations are helping providers improve patient care while reducing costs.
2023 The Year Standardized Coverage Rules Take The Spotlight
In late April, federal health officials released the final Notice of Benefit and Payment Parameters for 2023, the standards that govern insurance issuers in the federal health insurance marketplace. A notable change in this year’s rule relates to standardized...
It’s Time To Fix The Family Glitch In The Affordable Care Act
In early April, the Biden administration proposed a solution to the “family glitch” in the Affordable Care Act, a problem that Democrats and ACA advocates have complained about for years. Currently, people who do not have access to affordable health insurance through...