Relentless Health Value

Why Do Actuarial Risk Horizons Really Matter for Anybody Trying to Improve Patient Outcomes? With Keith Passwater and JR Clark—Summer Shorts 7


Listen Later

Understanding Actuarial Risk Horizons in Healthcare with Keith Passwater and J.R. Clark

To read the full article and show notes with links mentioned, click here.

In this episode, Stacey Richter speaks with Keith Passwater and J.R. Clark, healthcare entrepreneurs and executives, about the importance of actuarial risk horizons in improving patient outcomes. They discuss how different risk horizons impact healthcare costs, benefit designs, and plan strategies. Keith and JR explain the key differences in risk management between short-term and long-term healthcare plans, such as individual exchanges and employer group insurance, and emphasize the significance of including the patient as a stakeholder in actuarial models. The episode highlights the complexities and challenges faced by actuaries in the healthcare system and the potential benefits of innovative, patient-focused actuarial practices.

Love the show? Please consider signing up for our weekly newsletter. We'll send you an article covering the latest episode with show notes, mentioned links and a transcribed intro. Join the RHV Tribe.

02:39 Why is it a problem for actuaries to ignore the patient as stakeholders in benefit design plans?

04:37 What is a risk horizon for actuaries?

05:38 “What’s the time interval over which we hope to impact healthcare costs?”

07:25 What is a risky investment from an actuary’s point of view?

08:05 How do you keep premiums down when the time horizon is short in an actuary’s point of view?

10:31 How do actuaries assess risk horizons or health insurance, and why do they choose those risk horizons?

14:05 What options are on the table when the risk horizon is longer?

16:06 How does the length of risk horizon affect benefit design?

...more
View all episodesView all episodes
Download on the App Store

Relentless Health ValueBy Stacey Richter

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

231 ratings


More shows like Relentless Health Value

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,111 Listeners

Marketplace Morning Report by Marketplace

Marketplace Morning Report

925 Listeners

Odd Lots by Bloomberg

Odd Lots

1,896 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,442 Listeners

What the Health? From KFF Health News by KFF Health News

What the Health? From KFF Health News

499 Listeners

Choiceology with Katy Milkman by Charles Schwab

Choiceology with Katy Milkman

1,447 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,155 Listeners

An Arm and a Leg by An Arm and a Leg

An Arm and a Leg

1,082 Listeners

Becker’s Healthcare Podcast by Becker's Healthcare

Becker’s Healthcare Podcast

190 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

6,072 Listeners

Tradeoffs by Tradeoffs

Tradeoffs

395 Listeners

The Next Big Idea by Next Big Idea Club

The Next Big Idea

1,282 Listeners

Hard Fork by The New York Times

Hard Fork

5,472 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,091 Listeners

The Big Take by Bloomberg

The Big Take

156 Listeners