Speaking Engagement Recap
August 13, 2020
Medicare Advantage Benefit Innovations and the Challenge of Estimating ROI
Michael Adelberg, principal at Faegre Drinker Consulting, joined a panel on “Medicare Advantage Benefit Innovations and the Challenge of Estimating ROI” on August 13, 2020, during The Society of Actuaries, 2020 Health Virtual Meeting Webcast Series. Other presenters included Damian Rippole, CFO and VP of Finance at Ebb Therapeutics; Elizabeth Klodas, MD, cardiologist and founder of Preventive Cardiology Consultants in Minneapolis; and Bill Aldredge, Logistics Consultant at Kenco Group.
The session provided an overview of benefit innovations in the Medicare Advantage program, including newly permissible supplemental benefits, VBIDs and “proximate flexibilities” that have the potential to impact member utilization and outcomes. Attendees had the opportunity to learn how actuaries can apply the likely utilization savings of new benefits and services to their bids and lead the analysis of benefits to determine actual savings.