Leveraging their exclusive ACA Database (WACA) and other sources, Wakely has released an important tool for the healthcare industry.

EDEN PRAIRIE, MN, UNITED STATES, April 13, 2018 /EINPresswire.com/ -- Wakely Consulting Group continues to innovate. Wakely has developed a new Excel-based tool designed to support premium rate development, benchmarking, and healthcare cost and utilization analysis. The tool is similar to actuarial pricing models offered by other healthcare consulting firms, but their version offers a clean user interface and additional functionality.

A key feature of the Wakely Pricing Model is the ability to input front-end selections such that the underlying claims experience comes from a specific population mix (such as metal tier and subsidy level). This enables users to more appropriately estimate future costs according to the type of membership mix they plan to enroll.

The manual dataset is derived from Wakely’s ACA (WACA) database of over 10 million individual and small group lives from 2016 and other potential data sources for other markets. The data interface allows the user to vary the population used as the manual dataset according to selection criteria including market (e.g. individual, small group, etc) metal tier, condition category, and demographics, among others.
For more details and pricing visit https://www.wakely.com/services/product/wakely-pricing-model-0

About Wakely:
Wakely Consulting Group, LLC is a nationally recognized health care financial and actuarial consulting firm serving health plans, government regulators, employers, health care providers, and other stakeholders in health care, managed care, and reform markets. Wakely assists clients with product pricing, feasibility studies, predictive modeling, actuarial certifications and filings, operational analysis, compliance, and other financial and management aspects of their business. Wakely has offices in Tampa, FL; Denver, CO; Atlanta, GA; Minneapolis, MN; New York, NY and Phoenix, AZ.

Kelly Thompson
Wakely
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