Find a plan.
A TRUSTED INDEPENDENT HEALTH INSURANCE GUIDE SINCE 1994.
Call our agency partners 866-553-3223

Featured

Featured
Involuntary loss of coverage is a qualifying event
Involuntary loss of coverage is a qualifying event that triggers a special enrollment period. If you lose your plan, you’ll have a chance to enroll in a new plan, either on or off the exchange in your state.

Latest News & Topics

Latest News & Topics

Featured

Featured
Applying for ACA Coverage?
Understanding how small differences in projected income can have a large impact on your health plan costs can be key to obtaining affordable coverage.
Call our agency partners 866-553-3223

actuary

What is an actuary?

An actuary is a health insurance carrier number cruncher responsible for determining what premiums the company needs to charge based in large part on claims paid versus amounts of premium generated. Their job is to make sure a block of business is priced to be profitable, but that the rates are also justified by claims costs (if the rates are too high, they could be rejected by state regulators, or the insurer will have to rebate excess premiums to members in the form of medical loss ratio rebates).