Milliman Pension Buyout Index September 2022
Estimated competitive retiree buyout cost, as a percentage of accounting liability, decreased by 110 bps from 98.0% to 96.9% during August.
On Aug. 16, President Biden signed the Inflation Reduction Act into law. The act contains healthcare reforms, tax changes, and environmental policy provisions. It also affects several layers of the U.S. healthcare ecosystem with major implications for the Medicare Advantage and Medicare Part D programs. This article focuses on the relevant changes to Medicare, discussing the following:
Weathering the reform storm: The Inflation Reduction Act’s changes to Medicare and other healthcare markets
The Inflation Reduction Act will have countless implications for all industry stakeholders and will alter the Medicare landscape in 2023 and beyond.