Wakely provides expertise in rate filing, risk adjustment, reserving, forecasting, and general strategy in the individual and small group markets.
ACA Rate Filings
Since the inception of the ACA, Wakely has been an industry leader in providing actuarial support to payers offering ACA-compliant health coverage. Our consultants have expertise in guiding clients through the uncertainty of the ACA marketplace. Typical services include conducting market research, strategic guidance, developing and pricing benefit designs, certification of rate filings, completion of required templates, rate review support, and ensuring compliance. We provide more than just numerical support, we partner with our clients throughout the process while maintaining active communication and participating in strategic discussions.
Reserving and Year End Opinions
Forecasting and reserving are an actuary's bread and butter. Our consultants perform these analyses for clients often on a monthly or quarterly basis. Our comprehensive and transparent reserving tools allow for maximum flexibility in converting client data into readable, inclusive executive summaries. During our year-end certification and financial support process, we work together with our clients to ensure that security, compliance, and satisfaction are fulfilled.
General Strategy
Whether clients need assistance in performing competitive analyses, determining the next steps for the company, or any other general strategy, Wakely can help you.
Healthcare reform is constantly evolving and we monitor all current healthcare affairs while strategizing to optimize success for our clients. If you are looking to better understand the impact any changes in healthcare will have on your company, we have got your back.