Skip to Main Content

Actuarial Bid Training – 2017

The Actuarial Bid Training provides industry actuaries with program and technical guidance for preparing Medicare Advantage and Medicare Prescription Drug Bids for contract year (CY) 2017. The training consists of the following ten sessions with information that is recommended for all actuaries preparing or certifying CY 2017 bids (See Related Links below):

  1. Introduction (to training)
  2. Introduction to Bidding
  3. BPT101
  4. Points of Emphasis for CY2017
  5. Base Period Experience, Data Aggregation and Credibility
  6. Medicare Advantage Pricing Considerations for Dual-Eligible Beneficiaries
  7. Risk Score Development
  8. Bid Pricing Reviews and Bid Audits
  9. Non-Benefit Expense, and Gain/Loss Margin
  10. Related Party Arrangements

The first session provides a brief introduction to bid training for CY 2017.  Sessions two and three provide a basic overview of the Medicare Advantage and Part D programs and bid forms for actuaries and other interested parties.  Sessions four through ten provide detailed program and technical guidance for preparing CY 2017 Medicare Advantage and Part D bids for certifying actuaries, with focus on policy updates, changes to the bid tools and instructions since last year, and other significant bidding topics.

No registration is required to access the prerecorded training materials.  The training can be independently viewed online at any time after the posting date as a webcast.  In addition to the training sessions, all the training slides are available in one file for printing (See Downloads below).

If the training modules do not launch, enable 'TLS' with the following steps.

  • Launch Internet Explorer
  • Select Tools
  • Select Internet Options
  • Select Advanced
  • Under Security Heading, enable at least one of  'Use TLS 1.0', 'Use TLS 1.1', or 'Use TLS 1.2'