Each year, Aetna goes to the insurance-linked securities market with a catastrophe bond structure that can transfer risk of increasing medical benefit insurance claims to capital markets. This allows Aetna to maintain an efficient source of reinsurance and capital, according to Artemis.
“The transactions allow the health insurer to reduce its required capital and have become a regular and valued part of its capital stack, adding efficiency and at reduced costs compared to traditional reinsurance, which the firm buys plenty of anyway,” according to the report.
More articles on payers:
Arizona Medicaid work requirements approved
Hackensack Meridian drops ER copays, deductibles for government workers
76% of physicians oppose New York City mayor’s healthcare for all plan, poll finds
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
