Plan Design Analysis
Plan Design Analysis Information
Our Plan Design Analysis evaluates all potential plan design changes as well as confirms that the current actuarial relative values are appropriate. Our unique decrement approach clearly lays out plan change impacts and the symbiotic relationships that may exist in an easy to understand report which will allow employers to make adjustments to their plans and fully understand the impact. Critical to our Plan Design Analysis is our customized Federal Actuarial Value Calculator, which represents an empirical estimate of the actuarial value calculated in a manner that provides a close approximation to the actual average spending by a wide range of consumers in a standard population. The Federal Actuarial Value Calculator has an underlying membership basis of over 6 million members and with customization wrapped around the core calculator we are able to accurately value benefit design changes.