Judy Diamond Associates tackles the problem of modeled premiums with its latest update for the benefits industry.
By BenefitsPRO Editors|September 19, 2018 at 08:30 AM
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For brokers and carriers, getting an accurate figure for how much plan sponsors are spending on particular benefits can be a challenge. We spoke with data analyst Eric Ryles, our colleague at ALM’s research arm, Judy Diamond Associates, about how to solve this problem. The key, he says is modeled premiums.
BenefitsPRO: So what exactly do you mean by modeled premiums? What are they?
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