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Addendum.pdf

appendix-h-actuarial-and-economic.pdf
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🔗 Source: maine.gov
📊 Size: 353 KB
👤 Author: Bela
⬇️ Downloads: 81

Summary

Gorman Actuarial, Inc. developed an appendix to the 1332 Waiver Actuarial and Economic Report, submitted by the State of Maine to CMS on February 10, 2022. The appendix includes membership projections for the individual and small group markets under three scenarios: no waiver, waiver with pooled market and reinsurance program, and current individual market reinsurance program. Projections show that membership across the combined individual and small group markets is slightly higher under the waiver scenario. The waiver stabilizes the merged market by distributing reinsurance benefits to both markets, rather than concentrating benefits on individual purchasers not receiving APTC. There is no change in projected membership for individuals receiving APTC due to the APTC structure shielding members from premium changes.

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Description

Gorman Actuarial, Inc. developed an appendix to the 1332 Waiver Actuarial and Economic Report, submitted by the State of Maine to CMS on February 10, 2022.

Technical Information

  • File Format: PDF
  • File Size: 353 KB
  • Pages: 25
  • Language: EN
  • Author: Bela
  • Total Downloads: 81
  • Last Updated: 1 week ago

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