Wakely Risk Insight National Reporting Project (WRINR)
Wakely’s National ACA Profitability Study (also called WRINR: Wakely Risk Insights National Reporting Project) is a major Wakely initiative that helps participating issuers identify key profitability drivers for the individual and small group markets, as well as how their own drivers compare to national benchmarks. The study collects data from participating issuers over ten million individual and small group ACA lives. The WRINR project uses the Wakely Risk Insight (WRI) software.
In addition to a written report, participating issuers also receive access to their results in Power BI format. Power BI is a powerful and flexible web-based tool that provides a visual platform to help users understand issuer-specific and national trends. Some sample Power BI exhibits we can include:
Top Drivers of Profitability
Key Metrics by Benefit Year
Loss Ratio by Carrier Size
Unique products and tools.
Wakely has developed these industry-leading products and tools, which empower our clients to make highly informed strategic decisions.
Allows health plans to compare Medicare Advantage benefits and market information at the national, state, and county levels, to evaluate plan design and performance.
Includes two major components: The Medicare National Report (MNR) and WRI-MA. Both pinpoint drivers of profitability and compare them to national benchmark data.
