Medicaid Contract Support
Client Challenge:
Cirdan’s client was a Medicaid health plan participating in an annual contract renewal process with a state Medicaid Agency. Cirdan’s client did not have actuarial staff in-house.
Our Solution:
- Cirdan provided actuarial expertise throughout the contract renewal
- Cirdan attended all meetings with the state Medicaid agency with our client
- Cirdan prepared written comments on the assumptions made by the agency’s consulting actuary to support proposed rate actions
- Cirdan conducted independent analyses using the client’s experience of the expected financial impact of benefit changes such as changes to the prescription drug program
The Result:
Cirdan’s client was prepared to meet with the agency on actuarial issues within the contract and was able to complete its contract renewal.