Society of Actuaries
-
The Society of Actuaries: Predicting High-Cost Members in the HCCI Database
Read more: The Society of Actuaries: Predicting High-Cost Members in the HCCI DatabaseAbstract: Using the Health Care Cost Institute (HCCI) database, which contains claim information on approximately 47 million members annually over a seven-year time period, we examined which characteristics best predict and describe high-cost members. We found that cost history, age, gender and prescription drug coverage are all predictors of future high costs, with cost history…
-
Health Care Costs from Birth to Death
Tags: Children, Chronic Conditions, Commercially Insured, Out-of-Pocket, Prices, Society of Actuaries
Read more: Health Care Costs from Birth to DeathHealth Care Costs from Birth to Death examines health care spending from birth to age 90 for people covered by commercial health insurance and for those covered by Medicare fee-for-service. The research sponsored by the Society of Actuaries (SOA) using data from the Health Care Cost Institute (HCCI) estimates that the average 55-year-old retiree will…