Why You Should Care About Actuarial Value

In order to standardize health insurance plans, the ObamaCare law requires insurers to offer plans that are categorized as Bronze, Silver, Gold and Platinum. These plans, in turn, must cover 60%, 70%, 80% and 90%, respectively, of the expected costs. The “actuarial value” of a claim is the average amount a plan with a given […]



via John Goodman's Health Policy Blog http://ift.tt/1mNZrSB