Mr Bachman is an actuary with extensive experience in managed care strategy and financial modeling. While currently focusing on ways to assist employers in moving to the next generation of benefit designs, he works with all players around the “health care table” to establish new partnerships for effective market-driven reforms. Mr Bachman consults with a broad range of clients including employers, HMOs, hospitals, physicians, indemnity carriers, as well as State and Federal Agency clients.
Mr Bachman is considered a national thought leader on a wide range of healthcare issues. He has recently been focused on the market evolution of consumer-centric health plan. He worked closely with the Bush White House and the IRS on the language and principles of the 2002 HRA guidelines. He has consulted with various government agencies on national health issues and legislative and regulatory proposals. He has served as a designated expert on actuarial issues to the Health Care Financing Administration (HCFA), the Congressional Budget Office, the Department of Labor, the National Institute of Mental Health, and several members of Congress.
Mr Bachman is an advisor to the Wye River Group on Health (WRGH), a national healthcare thought leadership group. He was instrumental in two seminal WRGH reports entitled “An Employer’s Guide to Patient-Directed Healthcare Benefits” and “An Employer’s Guide to Pharmaceutical Benefits.” He is the author of several publications in this area, including “Giving Patients More Control” published by the National Center for Policy Analysis. He has written numerous articles such as, “Boomers Will Revise an Aged, Ineffective System” and “Consumer-centric Medicare”. Both articles coauthored with Newt Gingrich, ex-Speaker of the House of Representatives and founder of the Center for Health Transformation.
Mr Bachman is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. He obtained a Masters in Actuarial Science from Georgia State University and a Bachelor of Science in Applied Mathematics from the Georgia Institute of Technology.