Every country has its own, unique healthcare system, but within these disparate systems there are shared approaches that cross borders and languages. In this episode of Critical Point, Milliman’s Joanne Buckle and Kevin Manning discuss some of those similarities.
To listen to other episodes of Critical Point, click here.
Population health management (PHM) is a hot topic in the healthcare industry, but it means many different things to different people in different contexts. Deciding where to focus effort when developing PHM strategies and programmes is difficult without a clear policy framework and approach. Milliman consultants have written a guide to help managers think through the practical components of a PHM programme, from overall objectives and definitions through to the people. The guide also explores processes and technology enablers that are critical for success. Real-world case studies are referenced to demonstrate how the concepts discussed in the guide can be applied.
This analysis by Milliman consultants compares information provided in Quantitative Reporting Templates (QRTs) and Solvency and Financial Condition Reports (SFCRs) and draws conclusions about the balance sheets and risk exposures of 15 UK private medical insurance and health cash plan providers. The analysis also highlights noteworthy trends between the 2017 and 2018 publications.
Under Solvency II, European insurers are required to publish their Solvency and Financial Condition Reports (SFCRs). Two sets of SFCRs have been published, with the first publication for most entities occurring in May 2017 and the second one in May 2018.
The SFCRs contain a significant amount of information including details of the company’s performance over the reporting period, system of governance, risk profile, valuation basis and capital requirements. In addition, the SFCRs include a number of Quantitative Reporting Templates (QRTs) providing details of the company’s financial position under Solvency II.
This analysis by Milliman consultants compares information provided in the QRTs and SFCRs and draws conclusions about the balance sheets and risk exposures of European health insurers. It also highlights substantial trends between the 2017 and 2018 publications.
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