Flexible modeling tool
The Reden & Anders Benefit Plan Pricer is easy to use and provides quick calculation of benefit factors for deductible, coinsurance and out-of pocket maximum benefit parameters. In addition, it calculates benefit factors for claims continuance distributions for commercial, Medicare, and Medicaid populations.
Value
- Claims continuance data is updated annually
- Develops benefit adjustment factors for indemnity-type benefit designs
- Calculates benefit factors for claim continuance distributions
Flexible application
Microsoft® Excel-based model allows for ease of output transfer to other spreadsheets