10.07.2015 Views

Jean Abraham - Shadac

Jean Abraham - Shadac

Jean Abraham - Shadac

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Non-Group Premium Data and ConstructionCBOGMSIM(Gruber)RAND COMPAREHBSM(LEWIN)HIPSM(URBAN)ExpectedspendingFactor-basedapproach usinginformation on age,sex, health,experience, andstate.Age-health statusspending distributionfrom MEPS andapplied to CPS.Age-health status riskpools and estimatespending from MEPS forthose reportingindividual coverage.Predict spendingand apply ratingpractices (age, sex,health status).Predicted spendingamong those in nongroupmarket. Modelbased on age, sex,health status, and“typical” rating rules.Loading fee forbaseline29% Fixed load of 15%;Varying loadcomponent equal to30% of averageunloaded non-groupcost, based on ageintervalYes(details not available)40% Yes(details not available)State-specificinformation/adjustmentsYes Yes Yes(approximated)YesYes

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