Development of Projected Benefit Costs. (a) Description of the data, assumptions, and methodologies This section of the report outlines the data, assumptions, and methodology used to project the benefit costs to the rating period. The baseline benefit costs were developed using the following steps:
Development of Projected Benefit Costs i. Description of the data, assumptions, and methodologies This section of the report outlines the data, assumptions, and methodology used to project the benefit costs to the rating period. The baseline benefit costs were developed using the following steps:
Development of Projected Benefit Costs i. Description of the data, assumptions, and methodologies The adjusted FFS base data year described in the previous section reflects benefits and program requirements as of the end of the data period (April 30, 2014). The following adjustments were applied to reflect the benefits and program requirements in CY 2016, including adjustments to reflect a managed care environment and trend to the midpoint of the effective period of the capitation rates.
