Serving the Actuarial Needs of Self-Funded Healthcare Plans

Increasingly, self-funded plans are looking to the actuary for support services. In this instance, services are recommended and numbers are supported by an actuarial signature. Actuary means a person recognized by membership in the American Academy of Actuaries, the Society of Actuaries or the Casualty Actuarial Society. Actuarial services may be provided in a number of ways:

  1. On an in-sourced basis (TPA, insurer, intermediary, etc. has its own staff actuary)
  2. On an outsourced basis (such entities use either a consulting or regularly retained actuary)
  3. By the plan sponsor retained actuary and not part of the regularly-provided plan services

Support Services Provided

Each actuarial service described herein meets a legal or accounting requirement. The services herein described involve the following:

Do you have a self-funded plan in need of
actuarial support services?