Join us in our upcoming webinar on
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April 20, 2022
11:00 pm (New York) / 8:30 am (New Delhi)
12:00 noon (Tokyo) / 1:00 pm (Sydney)
Session length: 1h 30 minutes
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Colombia has a publicly funded health insurance program that
aims to have universal coverage known as Sistema General de
Seguridad en Social en Salud (SGSSS) that is regulated by the law
100 of 1993 (Lonono and Frenk, (1997)). The Colombian
population benefits from a fundamental right to health enshrined in
the Colombian constitution which, according to the constitutional
court of Colombia (statutory law 1751 of 2015), entitles the
enrollees to be provided with health services and technologies on a
comprehensive basis. Coverage is provided via insurers (EPSs)
with reimbursement from the Colombian government according to an
age/sex/geographic risk adjustment system (described in Duncan
(2018)). As with many countries, this entitlement to coverage
causes budgetary problems. The Colombian Health Ministry
(Ministerio de Salud) retained Santa Barbara Actuaries Inc. to
develop a new condition-based risk adjustment system with the
intent of controlling spending and more equitably distributing
revenue based on member need. In this presentation, we
discuss our modeling process and the resulting risk adjustment
system.
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Ian Duncan Ph.D. FSA FIA FCIA FCA CSPA MAAA
Adjunct Professor, Dept. of Statistics & Applied
Probability, University of California Santa Barbara. B.Phil
(Balliol College, Oxford) Ph.D. (Heriot-Watt University, Edinburgh)
Health Actuary (40 years)/Consulting Actuary (30 years) Author,
"Healthcare Risk Adjustment and Predictive Modeling" (2nd ed.)
(Actex Publications) and "Managing and Evaluating Healthcare
Intervention Programs" (2nd ed.) (Actex Publications) President,
Santa Barbara Actuaries Inc. and Nvoyance LLC.
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Juan Diego Mejia - MS
Ph.D. candidate in the Dept. of Statistics & Applied
Probability at the University of California Santa Barbara and an
intern at Santa Barbara Actuaries Inc. Masters degree from National
University, Colombia.
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