
Kathryn Rains-McNally
FSA, MAAA
Principal and Consulting Actuary
Seattle, WA, US
Kathryn Rains-McNally is a principal and consulting actuary with the Seattle office of Milliman.
Experience
Kathryn is an experienced actuary with 20 years of experience and a diverse background, having worked at both a health plan and a provider system, in addition to many years as a consulting actuary. Kathryn is well-versed in commercial rating and underwriting, Medicare Advantage bidding, and essentially all forms of provider/payer contracting.
Kathryn’s areas of expertise include:
- Medicare Advantage bid development and ongoing Medicare Advantage support, including product feasibility and risk adjustment analyses
- Commercial rating and underwriting, including ACA rate filings and risk adjustment
- Payer and provider contracting – fee-for-service, direct-to-employer, capitation, commercial risk, Medicare Shared Savings Program and CMS Direct Contracting, Centers of Excellence, bundled payments, and other alternative payment arrangements
- Expertise in contract negotiation strategy, rate modeling, and helping providers understand risk and opportunity inherent in alternative payment arrangements
Publications and Presentations
- Performance monitoring and growth support in MSSP and ACO REACH (Milliman White Paper, April 2022)
- Full disclosure: Price transparency for health plans (Milliman White Paper, September 2021)
- Understanding Medicare Disproportionate Share changes for FY 2014 (Milliman Research Report, March 2014)
- Evaluating Bundled Payment Contracting (Milliman Healthcare Reform Briefing Paper, December 2011)
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BA, Mathematics and Chemistry, Macalester College
Publications
Read their latest work
Article
Performance monitoring and growth support in MSSP and ACO REACH
18 April 2022 - by Kathryn Rains-McNally, Emma Kramer
ACOs should examine provider-level financial benchmarks both for performance monitoring and growth strategy.
Article
Full disclosure: Price transparency for health plans
14 September 2021 - by Kathryn Rains-McNally, John M. Pickering
Recent changes in health plan and hospital transparency rules have potential to expand transparency to commercial market.
Video
Webinar: Incentives Aligned: Value-based contracting and strategies for Medicare patients
11 August 2021 - by Simon Moody, Pamela M. Pelizzari, Kathryn Rains-McNally, Matt Kranovich
Article
Understanding Medicare Disproportionate Share changes for FY 2014
10 March 2014 - by Charlie Mills, Kathryn Rains-McNally
Changes to the disproportionate share hospital (DSH) payment methodology are expected to lower disproportionate share hospital payments, but the impact by area and provider varies significantly.