Matt Clifford
Manager of Underwriting & Data Analytics
Matt received his Bachelors of Science in Accounting from the University of Kentucky and has been with Bim Group over 8 years as a financial analyst/ underwriter. Matt is the team lead of our analytics department, and is responsible for developing and maintaining client financial reports which identify plan costs and utilization patterns to facilitate data driven decisions. He utilizes actuarial tools to analyze proposed carrier renewals to ensure clients pay a fair and equitable rate. Matt also works closely with our benefit consultants to model the impacts of plan modifications and funding changes in both fully insured and self-funded plan designs.
Recent Insights
Compliance Recap: April 2022
READ TIME: 10 MINUTES After several very quiet months this year, April saw renewed compliance activity. The IRS provided guidance on transportation fringe benefits unused due to COVID-19 workplace changes and announced inflation-adjusted amounts for HSAs and HRAs. The Centers for Medicare & Medicaid Services (CMS) announced Medicare Part D rates and the parameters and […]
Read moreGetting Clarity on Transparency: What Health Plan Sponsors Need to Know about Publishing Machine-Readable Files
As of July 1, 2022, group health plans must clear one of the first major compliance hurdles required by the Affordable Care Act’s (ACA) Transparency in Coverage (TiC) Final Rules. By that date, plans and insurance carriers must have prepared and posted two machine-readable files (MRFs) to a public website. There is still some confusion surrounding […]
Read moreThree Habits to Avoid Burnout
READ TIME: 4 MINUTES Burnout has become a standard part of our language due to the stress of the COVID-19 pandemic on workers’ personal and professional lives. A startling 77% of Deloitte’s Workplace Burnout Survey respondents said they had experienced burnout in their current jobs. Remote work has erased the buffer between work and personal […]
Read moreGetting Clarity on Transparency: What Health Plan Sponsors Need to Know about Publishing Machine-Readable Files
READ TIME: 10 MINUTES As of July 1, 2022, group health plans must clear one of the first major compliance hurdles required by the Affordable Care Act’s (ACA) Transparency in Coverage (TiC) Final Rules. By that date, plans and insurance carriers must have prepared and posted two machine-readable files (MRFs) to a public website so […]
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