DeLaney reacts to state replacing the firm responsible for the $1 billion ‘error’

Tuesday, April 1, the Indiana Department of Administration (IDOA) issued a preliminary notice that the state may well be contracting with Deloitte Consulting LLP, not with the Milliman actuarial firm, for projecting Medicaid expenses. This comes after the $1 billion "error" that led to the Medicaid shortfall announced in December of 2023. State officials have left the impression that the miscalculation was made by the present actuary, Milliman. 

State Rep. Ed DeLaney (D-Indianapolis) issued the following statement in response: 

“While I am still coming to terms with the fact that the public may never know what exactly happened to allow this egregious error, this is a good first step in correcting course. Someone may be held accountable at last. 

“If $1 billion was miscalculated in a private sector firm, heads would roll. If the story is that the actuary messed up, the only responsible reaction seems to be to fire the actuary.

“I passed an amendment last session to require FSSA to report on exactly what happened to lead to this shortfall and what they would do to ensure it wouldn’t happen again. The report that was given to the General Assembly gave no answer to either question. 

“If the state won’t give answers, at least they gave action. I applaud this step to prevent forecasts that taxpayers and legislators rely on from being erroneous in the future.”