Aetna bought Coventry!

[OldGuy]

If Company A has 50 actuaries and Company B has 60 actuaries, how many actuaries does the combined company need?

Answer: Less than 50.

Where are those Full Employment for Actuaries Acts these days?

[Stan]

Originally Posted by OldGuy

If Company A has 50 actuaries and Company B has 60 actuaries, how many actuaries does the combined company need?

Answer: Less than 50.

Where are those Full Employment for Actuaries Acts these days?

Why less than 50? I would think somewhere between 50,110 would be right. Also, this is assuming you can find people with the skills to manage different LOBs that all 110 actuaries did before.

[TwoStep]

Originally Posted by FormLetter

Smaller companies can use reinsurance to shield themselves if they are truly that small that a few members can cripple them.

Yes, but at the rate providers are consolidating, will they be able to negotiate competitive contracts?

[FormLetter]

A lot of that depends on network requirements in the relevant state regulations, which can create a bunch of monopolies on the provider side.