Welcome to NovaRest Actuarial Consulting, your best option for actuarial services.

156 W. Calle Guija, Suite 200
Sahuarita, Arizona 85629



Over the past two decades, NovaRest Actuarial Consulting has established itself as one of the most trusted independent actuarial consulting firms in the US providing cost effective actuarial and management consulting services primarily for insurance regulators. With some of the most experienced and knowledgeable actuaries in the industry, our goal is to assist regulators in creating an efficient insurance market that meets the needs of today’s consumer.

Healthcare Reform

What you need to know…

As experienced healthcare actuaries, we are required to continuously educate ourself on the state and federal laws that govern healthcare and healthcare insurance.  We can help you stay up to the minute with Healthcare Reform. Please visit our page often for new posts.

2016 Rate Review Process for ACA-Compliant Products Get Details
The primary purpose of the rate review process is to fulfill a state’s obligation to ensure that the premiums charged to consumers are consistent with all applicable state statutory requirements and are actuarially supported.  This includes ensuring that premiums are not unfairly discriminatory, are reasonable in relationship to the benefits provided, and are adequate to provide for long-term insurer solvency.
The rate review process should be objective and the process adds value in several ways.  NovaRest, Inc. continues stay current on all the changes Affordable Care Act (ACA).  Rate reviews should assess whether a rate filing meets ACA guidelines.  NovaRest has complied an easy to follow summarization of the rate review process including a list of questions the the reviewer should be able to answer to ensure an effective rate review process.  The paper has been well received by state regulators and interested parties.  If you would like a copy of the full paper please email ratereview@novarest.com.  Let us know what state or non-profit you represent and we will happily email you a copy.
2020 Notice of BPPs Get Details

Summary of Rate Filing and Rate Review Related Issues from Notice of Benefit and Payment Parameters for 2020 – Final Rule.  Click for your copy.

Our Designations & Memberships

Fellow of the
Society of Actuaries

Member of the
American Academy of Actuaries

More About Us

NovaRest, Inc. was founded in 2002 by Donna Novak, FCA, ASA, MAAA, who has over 35 years of industry experience.  All of our consultants, including Donna, have extensive experience focused largely on supporting state and federal insurance regulators which includes CMS Medicare bid desk reviews, CMS Medicare bid audits, and reviews of Retiree Drug Subsidy actuarial attestations.  NovaRest has worked with state regulators, the NAIC, and HHS to implement the Patient Protection and Affordable Care Act (PPACA).  NovaRest was also hired by the NAIC to write the NAIC Health Financial Analyst Manual, used by state insurance departments to regulate health insurers.

At affordable rates, our actuarial firm offers the skills and technical abilities of large actuarial firms with the personal service of a smaller firm.  This allows us to provide timely high quality personalized service.  Our success is driven by our company wide philosphy of approaching every client and situation in an honest, ethical manner, never overpromising, but always over delivering.

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