The goal of the initiative goingforward is to assess new technologies, innovations, and analyticsfor managed care in order to find ways to address the burden ofhigh health care costs. (Photo: Shutterstock)
A new collaboration on rising health care costs is bringing actuaries to thehealth reform discussion. Initiative 18/11, named to reflect thepercentage of GDP the U.S. spends on healthcare compared to the rest of the developed world, is a jointproject of the Society of Actuaries (SOA) and the Kaiser FamilyFoundation (KFF).
The two groups recently released a report, “Initiative 18/11: What Can We DoAbout the Cost of Health Care?” The report outlines some of thechallenges the U.S. continues to struggle with, despite reformssuch as the Affordable Care Act (ACA).
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