Actuarial & Health Care Solutions, LLC
AHCS actuaries have assisted plan sponsors with solutions to maximize the benefit to the sponsor organization and the retirees as a result of Medicare Part D.
These services include:
- Preparation of the online actuarial attestation portion of the Part D subsidy application.
- Preparation of an actuarial report documenting the actuarial work product for the Part D subsidy application.
- Advising plan sponsors on the cost savings for alternatives other than maintaining the current coverage and applying for the Federal subsidy. These include replacement of the current plan with a plan that wraps around the Part D plan, or terminating the employer drug plan.
AHCS has also assisted insurers that offer drug plans to Medicare-eligible retirees by determining the actuarial equivalence of the drug plans offered.