Wakely Affordable Care Act Competitive Analysis Tool (WACACAT)
A funny name for a serious competitive advantage in the ACA market.
They say knowledge is power. It can also empower competitive strategies in the ACA marketplace. With the Wakely Affordable Care Act Competitive Analysis Tool (WACACAT), users can dynamically gather market intelligence for the individual, small group, and catastrophic commercial markets. We’ve combined multiple public data sources to create analytic-driven visuals, allowing users to quickly gain knowledge about current and future marketplaces.
More data. Less work for you.
WACACAT combines publicly available data from multiple sources, including:
- The Centers of Medicare & Medicaid Services (CMS)
- Unified Rate Review Templates
- Health Insurance Exchange Public Use Files
- Premium Stabilization Reports
- Landscape Files
Because there is no single public source for all this data, having it gathered in this tool saves time. Plus, our team of industry experts has summarized the data to provide detailed insights at the state, rating area, and county levels. With WACACAT’s PowerBI dashboard format, users can interactively explore metrics, such as:
- Market share
- Profitability
- Risk adjustment
- Plan availability
- Premium amounts
Request a consultation to learn more about WACACAT.
Interact with WACACAT for competitive impact.
Using the interactive functions of this tool, users can:
- Get calculations for the second-lowest silver benchmark plans by rating area, including year-over-year trends. These values are influenced by market forces and affect the buying power of subsidized members in the individual market.
- Compare premiums by year, metal, and rating area
- Quickly see competitive positioning, metal level relativities, and premium changes over time
