Jacob S. Magnusson

ASA, MAAA

Consulting Actuary

Brookfield, WI, US

Main +1 262 784 2250 | Office +1 518 514 7100 x 7118

Jacob Magnusson is a consulting actuary with the Milwaukee office of Milliman. He joined the firm in 2013.

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Experience

Jacob has served many types of clients in his time at Milliman. His main area of expertise is Medicare Part D and Medicaid managed care rate setting.

In the Medicare Part D market, Jacob has assisted MA-PDs and PDPs with strategic planning, feasibility studies, settlement estimation, and Medicare Part D bid preparation. He is also a key developer of several components of Milliman’s Part D modeling suite.
Jacob has worked with multiple state Medicaid agencies to develop managed care capitation rates and risk adjustment programs. He has also assisted states with developing, monitoring, and preparing associated reporting for waiver programs.

Prior to joining Milliman, Jacob was an assistant instructor in the mathematics department of Indiana University from 2008 to 2012.

Publications and Presentations

Co-Author: Out of whose pocket? Many beneficiaries will spend less than expected to reach the IRA’s new $2,000 out-of-pocket spending limit. Seattle, WA: Milliman, August 2024. https://www.milliman.com/en/insight/out-of-whose-pocket-inflation-reduction-act

Professional Designations

Associate, Society of Actuaries
Member, American Academy of Actuaries

Education

MS, Mathematics, Emporia State University
MA, Mathematics, Indiana University

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Publications

Read their latest work

Article

Out of whose pocket? Many beneficiaries will spend less than expected to reach the IRA’s new $2,000 out-of-pocket spending limit

27 August 2024 - by Jason Karcher, Jacob S. Magnusson, Michelle (Klein) Robb

We dive into ramifications of the Inflation Reduction Act on out-of-pocket spending limits for health insurance markets and Medicare Part D.

Jacob S. Magnusson

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Experience

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Read their latest work

Out of whose pocket? Many beneficiaries will spend less than expected to reach the IRA’s new $2,000 out-of-pocket spending limit

CHOOSE A LOCATION AND LANGUAGE

Jacob S. Magnusson

Experience

CHOOSE A LOCATION AND LANGUAGE