Drivers of 2024 Health Insurance Premium Changes
July 19, 2023 | Noon to 1 p.m. EDT | USQS CE Available
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ABOUT THIS WEBINAR
As health insurance carriers work to develop proposed premiums for 2024, they are considering a range of factors that could cause premiums for the next year to differ from this year’s. In this virtual briefing, members of the Individual and Small Group Markets Committee of the American Academy of Actuaries’ Health Practice Council will highlight the drivers affecting premiums for 2024. They will provide an overview of the major drivers and discuss why premiums could differ, and walk through the factors actuaries might consider in the premium rate-setting. They will explore several possible drivers of changes in health insurance premiums, including:
- Shifting payment responsibilities for COVID-19 testing and vaccines;
- Shifting of small groups from fully insured plans to other funding arrangements;
- Resumption of Medicaid eligibility redeterminations by states; and
- Inflation.
SPEAKERS
- Fritz Busch, MAAA, FSA
Member, Individual and Small Group Markets Committee - Juan Herrera, MAAA, FSA
Member, Individual and Small Group Markets Committee - Donna Novak, MAAA, ASA, FCA
Vice Chairperson, Individual and Small Group Markets Committee
MODERATOR
- Joyce Bohl, MAAA, ASA
Chairperson, Individual and Small Group Markets Committee
CONTINUING EDUCATION
The American Academy of Actuaries believes in good faith that attendance at this live webinar constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States, and that attendees may earn up to 1.2 CE credits for attending this live webinar.
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