Actuarial Proposals Could Provide Insight for Lawmakers

Actuaries Offer Competing Proposals for Reforming the Insurance Market
– Modern Healthcare

Modern Healthcare quoted Manatt’s Joel Ario, a managing director with Manatt Health, for an article about actuaries’ proposals on how to transform the insurance market.

The publication reports that five different reform proposals were recently chosen as finalists in a national competition among actuarial professionals. The proposals offer incremental changes in the insurance rules established by the Affordable Care Act, which are widely seen as necessary to stabilize the markets.

“I certainly hope Republicans would consider these proposals,” said Joel Ario, managing director of Manatt Health and a former state insurance commissioner who was not involved in the project. “We’ve seen the results of the insurance pools not being as balanced as we hoped. There’s no better answer than to listen to actuaries about getting to a balanced risk pool.”

Read the article here