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Eric A. Buzby

FSA, MAAA
Senior Consulting Actuary
New York, NY, US

Eric is a consulting actuary with the New York office of Milliman. He joined the firm in 2016.

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Experience

Eric has over 15 years of healthcare actuarial consulting experience, with specialized expertise in health plan pricing and strategy and Medicare Advantage bid development. His employer consulting background includes financial forecasting and reporting, underwriting, reserving, and benefit plan strategy. Within the Medicare Advantage space, Eric offers expertise in risk score coding and monitoring, as well as feasibility assessments for prospective insurers. He is also skilled in ad-hoc model building to support tailored analyses that inform strategic decisions.

Prior to joining Milliman, Eric held consulting roles at a leading employee benefits firm, managing several mid- and large-size employer clients. His responsibilities included PBM contract pricing, health plan underwriting, wellness program strategy, and assisting several clients in the transition to a private exchange.

Publications

Read their latest work

Article

Overview of Medicare Advantage supplemental healthcare benefits and review of Contract Year 2023 offerings

29 March 2023 - by Catherine M. Murphy-Barron, Eric A. Buzby, Sean Pittinger
We examine the landscape for Medicate Advantage supplement healthcare benefits and review offerings for contract year 2023.
Article

Review of Contract Year 2023 Medicare Advantage expanded supplemental healthcare benefit offerings

22 November 2022 - by Catherine M. Murphy-Barron, Eric A. Buzby, Sean Pittinger
Medicare Advantage organizations continue to increase supplemental benefit offerings available through expanded flexibility.
Article

Strategy considerations for effectively entering the Medicare Advantage market

14 July 2022 - by Eric A. Buzby, Harsha Mirchandani, Jared Hirsch
Six important topics insurers should consider as they contemplate entering the Medicare Advantage market.
Video

Webinar: Critical Considerations for New Entrants in the Medicare Advantage Market

14 July 2022 - by Eric A. Buzby, Tyler Engel, Lisa Mattie, Emily Vandermause
Article

Overview of Medicare Advantage supplemental healthcare benefits and review of Contract Year 2022 offerings

21 March 2022 - by Catherine M. Murphy-Barron, Eric A. Buzby, Sean Pittinger
This paper examines several elements of Medicare Advantage plans that go beyond what traditional Medicare offers.
Article

Overview of Medicare Advantage supplemental healthcare benefits and review of Contract Year 2021 offerings

10 February 2021 - by Catherine M. Murphy-Barron, Eric A. Buzby, Sean Pittinger
This paper gives an overview of Medicare Advantage and the additional benefits included that go beyond traditional Medicare.
Article

Bundled payments for self-insured employers: An alternative to traditional cost controls

30 December 2020 - by Pamela M. Pelizzari, Suzanne Taranto, Eric A. Buzby
This paper looks at the Center for Medicare and Medicaid Innovation's bundled, or episode-based payment models and finds opportunities for employers, challenges in implementation, and services to target.
Article

Review of Contract Year 2021 Medicare Advantage supplemental healthcare benefit offerings

30 November 2020 - by Catherine M. Murphy-Barron, Eric A. Buzby
Milliman analyzed Centers for Medicare and Medicaid Services reports to identify Medicare Advantage plans that are using new benefit flexibility in 2021.
Article

How Medicare Advantage benchmarks differ for ESRD beneficiaries versus other Medicare beneficiaries

06 April 2020 - by Eric A. Buzby, Catherine M. Murphy-Barron
As end-stage renal disease beneficiaries become a larger share of a Medicare Advantage plan’s total enrollment, there may be unintended revenue and cost consequences for the plan.
Article

Overview of Medicare Advantage supplemental healthcare benefits and review of Contract Year 2020 offerings

06 April 2020 - by Catherine M. Murphy-Barron, Eric A. Buzby
Supplemental benefits have been an important differentiator among Medicare Advantage plans since the program’s inception, allowing prospective members to identify plans that offer benefits specific to their needs.