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  #11  
Old 06-30-2015, 05:29 PM
dream2 dream2 is offline
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27603
Blue Cross of California(Anthem BC)
CA
$401,126,393.31
$(181,692,588.01)
$23,364,909.92

So if i read that right, Blue Cross of California(Anthem BC) CA have to pay $243M?
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  #12  
Old 06-30-2015, 05:52 PM
cincinnatikid cincinnatikid is offline
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Quote:
Originally Posted by dream2 View Post
27603
Blue Cross of California(Anthem BC)
CA
$401,126,393.31
$(181,692,588.01)
$23,364,909.92

So if i read that right, Blue Cross of California(Anthem BC) CA have to pay $243M?
Nope, they get $243M.
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  #13  
Old 06-30-2015, 05:54 PM
New York Actuary New York Actuary is offline
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Some of these numbers are quite shocking!
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  #14  
Old 06-30-2015, 05:58 PM
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George L. Costanza George L. Costanza is offline
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Quote:
Originally Posted by dream2 View Post
27603
Blue Cross of California(Anthem BC)
CA
$401,126,393.31
$(181,692,588.01)
$23,364,909.92

So if i read that right, Blue Cross of California(Anthem BC) CA have to pay $243M?
I like to think of it as paying $135 million to Blue Shield of CA
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  #15  
Old 06-30-2015, 06:02 PM
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George L. Costanza George L. Costanza is offline
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Someone is getting over half a billion dollars in reinsurance from the gov.
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  #16  
Old 06-30-2015, 06:04 PM
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George L. Costanza George L. Costanza is offline
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Will risk corridor payments get posted publicly like this? That should be interesting.
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  #17  
Old 06-30-2015, 06:05 PM
dream2 dream2 is offline
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Originally Posted by George L. Costanza View Post
Someone is getting over half a billion dollars in reinsurance from the gov.
shhh what is the point of hiring pricing actuary then? (Kidding)
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  #18  
Old 06-30-2015, 06:22 PM
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Quote:
Originally Posted by George L. Costanza View Post
Will risk corridor payments get posted publicly like this? That should be interesting.
I wonder if they'll post not only the payments but the eligible $'s. They won't be able to pay out every eligible dollar due to underfunding but it'd be interesting to see.
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  #19  
Old 06-30-2015, 06:54 PM
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exponentialpi exponentialpi is online now
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Quote:
Originally Posted by George L. Costanza View Post
Someone is getting over half a billion dollars in reinsurance from the gov.
I am surprised by the resulting 9 digit risk adjustment transfers for the individual market.
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  #20  
Old 06-30-2015, 07:06 PM
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Quote:
Originally Posted by exponentialpi View Post
I am surprised by the resulting 9 digit risk adjustment transfers for the individual market.
It's pretty interesting to look at individual companies too.

Looking at Cigna companies, they only had 2 negatives and they were both less than $50k. Most of their values are large and positive.
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