The Centers for Medicare & Medicaid Services (CMS) continues to implement provisions of the Inflation Reduction Act (IRA) to make prescription drugs more affordable. Here are the significant changes to Medicare Part D for 2025 that you need to know about. Overview of 2025 Part D Redesign On April 1, 2024, CMS released the final … Read more
By William Nibbelin, Senior Research Actuary, Triple-I Insurance is priced to reflect the underlying risk of every policy. When more claims are filed and the average amount paid of those claims increases, insurance becomes more expensive. A measure of underwriting profitability for insurance carriers is the combined ratio calculated as losses and expense divided by … Read more
High-inflation periods, such as the 2021-2023 inflation surge, pose a major challenge for European monetary policy. Marcel Garz and Benjamin Larin examine how sensational media coverage of the economy complicates the European Central Bank’s mission to achieve price stability. Since its inception in 1998, the European Central Bank (ECB) has been working to maintain price … Read more
