Add guidance in monthly reports regarding 5% market effects in net claim savings calculations
There has been confusion around the total net savings equations that are part of claim data inputs not including the 5% market effect adder that has lead to misaligned savings numbers between claims and monthly reports. We want to add guidance in monthly reports to make the inclusion of market effects in net savings well understood.
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Comments2
Jennifer Scheuerell
Jan 7, 2025
Would it be better to provide guidance to new PAs around this instead of changing the net savings equations?
RoopaReddy_PGE
Jan 9, 2025
Definitely yes in my opinion. CEDARS already adds 5% market effects (ME) to claims uploads. This is the reason why 5% ME in not included in the data inputs to avoid applying the 5% adder twice. Secondly, we want to avoid having to change our tracking systems and reporting since this costs time and money.