Cambia Health Solutions is a nonprofit total health solutions company dedicated to transforming the healthcare system and improving the health and well-being of individuals and communities. Headquartered in Portland, Oregon, Cambia operates through various subsidiaries and offers a wide range of health insurance and related services. With a commitment to innovation, collaboration, and customer-centric care, Cambia Health Solutions serves millions of members across the United States.
Services and Solutions
Cambia Health Solutions provides a comprehensive suite of health insurance products and services designed to meet the diverse needs of its members. Key service areas include:
- Health Insurance: Cambia offers a variety of health insurance plans for individuals, families, and employers. These plans include HMO, PPO, and high-deductible health plans, providing comprehensive coverage for preventive care, hospitalization, and prescription drugs.
- Medicare Plans: The company provides Medicare Advantage and Medicare Supplement plans, offering seniors comprehensive health coverage and access to a wide network of healthcare providers.
- Medicaid Plans: Cambia offers Medicaid Managed Care plans that provide essential health benefits to low-income individuals and families.
- Employee Benefits: Cambia provides group health insurance plans for employers, including medical, dental, vision, and wellness programs. These plans are designed to meet the needs of diverse workforces and help employers attract and retain top talent.
- Health Services and Solutions: Cambia offers a range of health services and solutions, including disease management, care coordination, and telehealth services. These solutions aim to improve health outcomes and enhance the patient experience.
Actuarial Opportunities
Cambia Health Solutions offers a range of opportunities for actuaries, particularly within its health insurance and financial planning divisions. Actuaries at Cambia play a critical role in product development, pricing, risk assessment, and financial forecasting. Key areas where actuaries contribute include:
- Health Plan Pricing: Developing and implementing pricing strategies for various health insurance products to ensure competitiveness and financial sustainability.
- Risk Management: Analyzing and managing the risks associated with health insurance products to maintain the company's financial strength and stability.
- Data Analysis: Utilizing advanced data analytics to predict trends, improve decision-making, and enhance product offerings.
- Financial Forecasting: Creating financial models to project future costs, revenues, and profitability for health insurance products.
- Regulatory Compliance: Ensuring that health insurance products comply with state and federal regulations.
Employee Benefits and Compensation
Cambia Health Solutions is committed to attracting and retaining top actuarial talent by offering competitive compensation and a comprehensive benefits package. Key benefits include:
- Health and Wellness: Cambia provides comprehensive health insurance plans, including medical, dental, and vision coverage. The company also offers wellness programs and resources to support employee health and well-being.
- Retirement and Savings: Employees have access to retirement savings plans, including a 401(k) plan with company match, to help secure their financial future.
- Work-Life Balance: Cambia supports flexible work arrangements, including remote work options and flexible scheduling, to help employees achieve a healthy work-life balance.
- Professional Development: The company invests in employee growth through various learning and development programs, including tuition assistance, leadership training, and career advancement opportunities.
- Paid Time Off: Generous paid time off policies, including vacation, holidays, and personal leave, are provided to ensure employees can recharge and maintain a healthy work-life balance.
Business Divisions
Cambia Health Solutions operates through several key business divisions, each specializing in different areas of healthcare delivery:
- Health Insurance: Provides a variety of health insurance plans for individuals, families, and employers, including HMO, PPO, and high-deductible health plans.
- Medicare Plans: Offers Medicare Advantage and Medicare Supplement plans to provide comprehensive coverage for seniors.
- Medicaid Plans: Provides Medicaid Managed Care plans that offer essential health benefits to low-income individuals and families.
- Employee Benefits: Delivers group health insurance plans for employers, including medical, dental, vision, and wellness programs.
- Health Services and Solutions: Offers health services and solutions, including disease management, care coordination, and telehealth services.
Summary
Cambia Health Solutions is a leader in providing innovative health insurance and related services, dedicated to transforming the healthcare system and improving the health and well-being of individuals and communities. With a strong presence in the United States, Cambia offers comprehensive health solutions and a supportive work environment, making it an attractive employer for actuaries and other healthcare professionals. Actuarial professionals looking for opportunities at Cambia Health Solutions can expect to find a dynamic workplace that values innovation, professional development, and employee well-being.