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Anders Larson

FSA, MAAA
Principal & Consulting Actuary
Indianapolis, IN, US

Anders Larson is a principal and consulting actuary with Milliman’s Indianapolis office. Anders provides actuarial consulting services to state Medicaid agencies, commercial and Medicaid health plans, self-funded groups, and provider organizations such as ACOs.

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Experience

His experience includes but is not limited to:

  • Financial projections
  • Capitation rate setting
  • Fiscal estimates for proposed policy change
  • Benchmarking of experience
  • Analysis of shared risk agreements
  • Incurred but not reported reserve estimates
  • Research studies using large public data sources

Since 2012, he has been significantly involved with provider payment reform and value-based reimbursement, working on behalf of private payers, state governments, ACOs, and other provider organizations. He has a wide range of experience with predictive analytics applications, from traditional risk adjustment models to modern machine learning algorithms. From 2015 to 2018, Anders has served on the Society of Actuaries’ Predictive Analytics and Futurism section council. He was the section’s chair in 2018.

Publications

Read their latest work

Article

Applying an equity lens to Medicaid risk adjustment

20 December 2024 - by Anders Larson, Erica S. Baird (formerly, Erica Rode), Nazanin Dameshghi, Libby Bunzli, Spencer Polak
We discuss how state Medicaid agencies could wield their financing and policy tools thoughtfully and proactively to address health inequities.
Article

Using machine learning to identify the key drivers of MSSP results: Performance year 2022 update

05 April 2024 - by Anders Larson, Cory Gusland, Austin Kennedy, Hayden Chromy
In our third performance driver study of the Medicare Shared Savings Program, we identify regional efficiency as an important characteristic for ACO total savings.
Article

The winding road to value: Understanding VBC dynamics in each market

12 February 2024 - by Anders Larson, Brent Jensen, Blaine Miller, Simon Moody
As providers increasingly adopt value-based care for reimbursement, it’s important they know the dynamics of each market, from Medicare to commercial to Medicaid.
Article

What predictive analytics can tell us about key drivers of MSSP results: 2021 update

04 August 2021 - by Anders Larson, Mackenzie Egan, Robert Richards, Cory Gusland
We analyzed recent MSSP results for ACOs, and found that drivers of recent success are quite different from our report in 2015, and in some cases the opposite.
Article

Ten questions providers should be asking about their value-based contracts and the COVID-19 pandemic

19 May 2020 - by Cory Gusland, Anders Larson, Brian A. Sweatman
For any given provider organization, the impact of COVID-19 on its value-based contracts will depend largely on certain actuarial, legal, and strategic aspects of each agreement.
Article

Considerations for predictive modeling in insurance applications

25 June 2019 - by Eileen S. Burns, Anders Larson, Robert Meyer, Zohair Motiwalla, Guy Yollin
What are the best ways to implement predictive modeling into relevant areas of actuarial practice?
Article

Critical Point Episode 11: Shea and Anders talk blockchain (Part 3): Insurance applications

08 May 2019 - by Anders Larson, Shea Parkes
The third in a multi-part series, Milliman’s Shea Parkes and Anders Larson discuss potential insurance applications for blockchain technology, along with some of the drawbacks.
Article

Webinar: Seven key challenges for Medicaid states considering alternative payment models

28 February 2019 - by Zach Hunt, Rebecca L. Johnson, Anders Larson
Article

"Pathways to Success" MSSP final rule: Winners and losers

14 February 2019 - by Cory Gusland, Anders Larson
This paper examines the Medicare Shared Savings Program’s (MSSP) final rule from the perspective of different accountable care organization (ACO) situations to help readers understand how the MSSP rule might affect different ACOs.
Article

Seven key challenges for Medicaid states considering alternative payment models

29 January 2019 - by Zach Hunt, Rebecca L. Johnson, Anders Larson
This article focuses on some of the challenges that Medicaid payers (including states and managed care organizations) face when trying to establish alternative payment models with providers.