Departments of insurance and insurers are currently preparing for the next round of rate development, filing, and review. Rates for 2014 were developed based on considerable speculation of the expected impact of the Affordable Care Act market reforms on the number and health risk of individuals who would enroll.
Additionally, the Centers for Medicare & Medicaid Services (CMS) has released a variety of guidance that impacts plans that will be offered in 2015 and their associated rates, including the allowance for continuation of 2013 policies that are not compliant with 2014 market reforms, changes to the 3Rs, and additional clarity on rate development methodology. On Tuesday, May 6 from 1:00-2:00 p.m. ET, the State Health Reform Assistance Network is hosting a free webinar that will explore the considerations for 2015 rate development, filing and review based on a compilation of CMS guidance and insights from Wakely Consulting Group actuaries. The webinar is intended for department of insurance staff and other stakeholders interested in the rate filing and review process for plan year 2015.
Date: Tuesday, May 6
Time: 1:00-2:00 p.m. ET