Document Abstract: Data Sources: The data used to produce the actuarial and financial projections is provided by the Executive Office of Elder Affairs (Elder Affairs), AdvancePCS, (the Plan�s pharmacy benefits manager) and by the University of Massachusetts Medical School (UMASS) on a monthly basis. As the enrollment broker for the Plan, UMASS provides both monthly premium data, as well as monthly prescription drug claims data that it receives from AdvancePCS. UMASS also provides all other administrative financial data associated with the Plan�s billing and enrollment functions. Elder Affairs provides other operational cost information including staffing costs, consulting fees and other administrative expenses.
File: Prescription Advantage Actuarial Report for fy 2003 final.doc
Converted from ColdFusion Document Library, December 2010