Prominent health actuary Greg Fann joined Descant for our first conversation with an actuary.
After the Affordable Care Act passed, Greg kept hearing economists say that the ACA exchanges would attract young people. He understood the math of the subsidies and knew this was wrong. When he saw that no one was talking about this, Greg decided that he had to speak up. Actuaries should be objective truth tellers, and if we want ACA markets to work, we have to be truthful about them.
We discussed the role of actuaries in the health care system and why actuaries tend not to opine about prices and affordability. Greg explained how the changes implemented in the Trump era have improved the functioning of the ACA markets, and what he’s expecting in 2021.
Prominent health actuary Greg Fann joined Descant for our first conversation with an actuary.
After the Affordable Care Act passed, Greg kept hearing economists say that the ACA exchanges would attract young people. He understood the math of the subsidies and knew this was wrong. When he saw that no one was talking about this, Greg decided that he had to speak up. Actuaries should be objective truth tellers, and if we want ACA markets to work, we have to be truthful about them.
We discussed the role of actuaries in the health care system and why actuaries tend not to opine about prices and affordability. Greg explained how the changes implemented in the Trump era have improved the functioning of the ACA markets, and what he’s expecting in 2021.