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Christopher Pettit

ASA, FSA, MAAA
Principal and Senior Consulting Actuary
Indianapolis, IN, US

Chris is a principal and consulting actuary with the Indianapolis office of Milliman. He joined the firm in 2004.

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Experience

Chris provides consulting services to several state Medicaid agencies and has extensive experience in financial forecasting, reporting, and reserving for health insurance plans. His expertise includes rate settings, contribution projections, and budgeting for managed care health networks. In addition, Chris has assisted clients with on-site support for several projects.

Chris also works with a co-pay assistance foundation on both clinical and operational aspects along with providing actuarial services.

Publications

Read their latest work

Article

Medicaid managed care financial results for 2023

31 July 2024 - by Jeremy Palmer, Christopher Pettit, Ian M. McCulla
Our analysis of Medicaid MCO financial performance for 2023 provides a key reference and benchmarking information for program administrators.
Article

Medicaid managed care financial results for 2022

29 June 2023 - by Jeremy Palmer, Christopher Pettit, Ian M. McCulla, Corey Miller
Our analysis of Medicaid managed care organization financial performance for 2022 serves as an important reference and source of benchmarking information for program administrators.
Article

Medicaid managed care financial results for 2021

08 July 2022 - by Jeremy Palmer, Christopher Pettit, Ian M. McCulla, Cameron Kinnick
Uncertainty remains regarding COVID-19’s impact on Medicaid MCO financial performance, including the deferral of care, pent-up demand, and future claims.
Article

Unwinding the COVID-19 Public Health Emergency

23 May 2022 - by Libby Bunzli, Zachary Fohl, Christopher Pettit, Diane Sargent, Maureen Tressel Lewis
Five ways Medicaid MCOs can prepare for the end of the COVID-19 public health emergency
Article

Medicaid managed care financial results for 2020

07 July 2021 - by Jeremy Palmer, Christopher Pettit, Ian M. McCulla, Cameron Kinnick
We review various key metrics, such as the composite underwriting ratio increasing to 3% in 2020 due to COVID-19, versus less than 1% in other years.
Article

Medicaid managed care financial results for Q3 2020

16 December 2020 - by Ian M. McCulla, Christopher Pettit, Colin R. Gray, Justin Chow
This report provides insight into the financial effects of the COVID-19 pandemic on Medicaid managed care organizations.
Article

Medicaid managed care financial results for Q2 2020

04 November 2020 - by Ian M. McCulla, Christopher Pettit, Colin R. Gray, Justin Chow
This report provides insight into the financial effects of the COVID-19 pandemic on Medicaid managed care organizations.
Article

Medicaid managed care financial results for 2019

02 July 2020 - by Jeremy Palmer, Christopher Pettit, Ian M. McCulla
This report summarizes the calendar year 2019 experience for selected financial metrics of organizations reporting Medicaid experience under the Title XIX Medicaid line of business on the National Association of Insurance Commissioners annual statement.
Article

Medicaid managed care financial results for 2018

28 June 2019 - by Ian M. McCulla, Jeremy Palmer, Christopher Pettit
This report summarizes the calendar year 2018 experience for selected metrics of organizations reporting Medicaid experience under the Title XIX Medicaid line of business on the National Association of Insurance Commissioners annual statement.
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.