Using morbidity Risk Score to tame the wild Medicare Supplement market

Medicare Supplement premiums keep falling while claims costs and loss ratios are climbing. What’s a carrier to do?

Join us to see how using a predictive model for morbidity can deliver underwriting gains, helping you select better lives and reduce overhead by limiting case reviews. Yes, it’s a tough market, but Irix® Risk Score can help you mitigate rate compression and loss ratios while you maintain or gain market share.

Topics covered

• Distilling multivariate analysis into a single risk metric
• Minimizing the number of cases that go into review
• Using a nuanced approach to identify high-risk lives while keeping decline rates low
• Reviewing ROI studies based on real-world Medicare Supplement claims experience

For more insight into the state of the market and why it’s ripe for disruption, check out presenter Sue Bartholf’s recent article, “Five ways a morbidity predictive model can relieve Medicare Supplement market pressures”.

Who should attend

Actuaries, underwriters, and other insurance professionals working in the Medicare Supplement market who want to increase their understanding of predictive models and their use in this competitive sector.

Presenters

Sue Bartholf, FSA, MAAA

Director and Product Actuary

Alyssa Vincze, FSA, MAAA

Business Innovation Consultant and Actuary