Edward Jhu
FSA, MAAA
Principal & Consulting Actuary
Seattle, WA, US
Ed Jhu is a principal and consulting actuary specializing in healthcare consulting in the Seattle office of Milliman. He joined the firm in 1999.
Experience
Ed’s expertise is in group healthcare, with an emphasis on government-sponsored programs (including Medicare and VHA), and health care payer/provider relations. His experience covers a broad spectrum, including providers, payers, and purchasers. His consulting assignments have included:
- Evaluating and comparing provider contracts, including development of the Hospital Evaluation and Comparison System (HECS) and GlobalRVUs, which are Medicare-based contract comparison tools
- Developing and reviewing alternative provider payment arrangements, supporting both providers and payers
- Developing Reasonable and Customary Charge Models
- Comparing provider reimbursements for contract parity analyses
- Conducting Medicare Advantage bid support for both Part C and Part D
- Estimating financial impacts of regulatory and policy changes
- Projecting liabilities for claims incurred but not paid
- Preparing and certifying annual actuarial opinions
- Developing and implementing risk adjustment algorithms and relative morbidity analyses
- Projecting contribution rates for Multiple Employer Welfare Arrangements
In addition to his experience in healthcare, Ed also has extensive employee benefits experience with both Milliman and other consulting firms.
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BA, Mathematics, Actuarial Science, University of Waterloo, Waterloo, Ontario
Publications
Read their latest work
Article
Milliman RBRVS for hospitals
13 April 2022 - by Will Fox, Edward Jhu, Charlie Mills, David C. Lewis, Kevin M. Frodsham
A simple solution: Milliman RBRVS for Hospital Fee Schedule compares key variables such as contractual allowed amounts and billed charge master levels
Article
The role of reimbursement mechanisms and payment adjustors in value-based healthcare
05 March 2021 - by Alison Counihan, Edward Jhu, Lalit Baveja
This paper considers the role of reimbursement mechanisms, and particularly diagnosis-related groups price adjustors, in directing general policy and specifically in the role of value-based healthcare.
Article
Milliman RBRVS for Hospitals
27 April 2017 - by Will Fox, Kevin M. Frodsham, Edward Jhu, Charlie Mills
The Milliman RBRVS for Hospitals™ Fee Schedule provides a simple solution for comparing hospital contractual allowed amounts, billed charge master levels, relative efficiency, and patient mix differences.
Article
Post-acute care integration should be a priority for your hospital
22 April 2016 - by Edward Jhu, Sean J. Slattery
Over the last several years, there has been an increased awareness by hospital and health system leadership teams of the importance of a thorough post-acute care (PAC) integration strategy, but far too few instances of these strategies being developed and executed.
Article
Milliman RBRVS for Hospitals
04 April 2016 - by Will Fox, Edward Jhu, Charlie Mills
The Milliman RBRVS for Hospitals™ Fee Schedule provides a simple solution for comparing hospital contractual allowed amounts, billed charge master levels, relative efficiency, and patient mix differences with the fee schedule based on Relative Value Units (RVUs).
Article
Benchmarking preventive care utilization
21 March 2011 - by Edward Jhu, Jason Nowakowski
How to set a baseline for preventive care under the PPACA.