Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board adopts Kaiser reconciliation approach; directs actuarial smoothing
City and County of San Francisco Health Service System Board · November 14, 2013
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
After Aon Hewitt reported Kaiser’s final Medicare Advantage rate fell from $346.45 to $324.12 — saving about $2.8 million — the board voted to set the funds aside and direct actuaries to design a policy that smooths reconciliations over a multi‑year period; the motion passed unanimously.
Aon Hewitt actuary Anil Kocher reported that Kaiser’s final Medicare Advantage rate for the 2014 rating period came in at $324.12, down from the preliminary $346.45 posted in June. Kocher said the lower final figure yields about $2.8 million in favorable difference to the trust.
Staff…
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
30-day money-back on paid plans
