Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Aon: IBNR and contingency reserves largely stable; Blue Shield processing change and UHC population growth drive movement
Summary
Aon presented incurred‑but‑not‑reported (IBNR) and contingency reserve calculations as of 06/30/2018. Blue Shield pharmacy processing reduced claim lag and IBNR needs, while UnitedHealthcare City Plan growth increased IBNR; contingency reserves are projected to rise ~4.4% overall.
Mike Clark of Aon presented the annual reserves report that covers incurred‑but‑not‑reported (IBNR) and contingency reserve calculations as of June 30, 2018. He described three plan buckets used for calculations: Blue Shield of California flex-funded plans (Access Plus and Trio combined), the UnitedHealthcare City Plan (active employees and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
