Loren D. Stark Company
Randall & Hurley, Inc.
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|Text of CMS Draft 2017 Actuarial Value Calculator Methodology (PDF)|
Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]
Nov. 20, 2015
28 pages. "The first part of this document provides background that includes an overview of the regulation that allows HHS to make updates to the AV Calculator as well as the updates that are incorporated into the draft 2017 AV Calculator. For the second part of the document, we provide a detailed description of the development of the standard population and the AV Calculator methodology. The first section details the data and methods used in constructing the continuance tables that are used to calculate AV in combination with the user inputs. The second section describes the AV Calculator interface and the calculation of actuarial value based on the interface and the continuance tables. The draft 2017 AV Calculator is [available online as a Microsoft Excel spreadsheet]."
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