Brad Armstrong
ASA, FSA, MAAA
Principal and Senior Consulting Actuary
Indianapolis, IN, US
Brad is an actuary with the Indianapolis office of Milliman. He joined the firm in 2009.
Experience
Brad has substantial experience in financial forecasting, reporting, rate-setting, and policy impact analysis for Medicaid populations.
He has performed analyses for Medicaid budget forecasting, Medicaid managed care rate settings, Medicaid long-term care programs, Medicaid risk scoring, Medicaid waiver cost effectiveness, and pharmaceutical marketing research.
Publications and Presentations
- Calibrating Risk Score Model with Partial Credibility, July 2, 2015. Appeared in July 2015 issue of the “Forecasting and Futurism” section newsletter published by the Society of Actuaries
- Speaker, Society of Actuaries Health Meeting, June 2015
Professional Designations
- Member, American Academy of Actuaries (MAAA), 2013
- Fellow, Society of Actuaries (FSA), 2015
Education
- BA (summa cum laude), Economics, Wabash College
Affiliations
- Society of Actuaries Health Section
- Society of Actuaries Medicaid Subgroup
Publications
Read their latest work
Article
Proposed updates to actuarial soundness: Creating flexibility and strengthening the requirements
03 January 2019 - by Brad Armstrong, Marlene Howard, Christopher Pettit
The Centers for Medicare and Medicaid Services released proposed updates to Medicaid managed care regulations with the goal of easing some of the regulatory burdens while increasing the requirement for transparency.
Article
Building blocks: Block grants, per capita caps, and Medicaid reform
31 January 2017 - by Brad Armstrong, Justin Birrell, Jennifer L. Gerstorff, Nicholas Johnson
Understanding the implications of Republican Medicaid reform proposals requires consideration of several factors.
Article
Overview of guidance related to actuarial soundness in final Medicaid managed care regulations
12 September 2016 - by Brad Armstrong, Marlene Howard, Christopher Pettit
This paper provides a summary of the final Medicaid managed care rule’s significant impacts on the development of actuarially sound capitation rates and required supporting documentation.