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

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

520-908-7246
info@novarest.com

NovaRest has been selected by the Michigan Department of Insurance and Financial Services (DIFS), to perform a study regarding options to stabilize the health insurance market and lower health insurance costs for Michigan residents. To read full article click here.

Read More

Donna Novak, founder of NovaRest Actuarial Consulting, testified for the Vermont state Office of the Health Care Advocate, which represents consumers, that Blue Cross could lower its rate increase to zero and still remain solvent. Novak and six other people testified before the board regarding any rate increases for Blue Cross Blue Shield of Vermont

Read More

Edited News Release – The American Academy of Actuaries honored NovaRest Founder Donna Novak for her contributions to the professional association and her efforts to advance its mission. Donna was recognized with the 2014 Award for Outstanding Volunteering during a ceremony in Washington. “The Academy benefits greatly from the substantive contributions of the more than

Read More

NovaRest founder Donna Novak was interviewed for a recent article in The Lund Report, a health news website for the state of Oregon. She discussed the growing scrutiny that Oregon’s insurors are reserving too much capital. Referring to risk-based capital, she told reporter Courtney Sherwood that insurors must place enough in reserves to cover the

Read More

NovaRest continues to assist Puerto Rico through its health insurance rate review process with the expansion of the Health Insurance Rate Review Grant Program Cycle I. The Cycle I Grant continues to support Puerto Rico’s efforts to step-up to the next stage of federal health care challenges. Major Cycle I goals include: Continued increased rate

Read More

NovaRest Founder Donna Novak and Wayne Novak recently returned from the National Association of Insurance Commissioners (NAIC) summer meeting that was held in Atlanta, GA. During the conference, they attended the Health Insurance Exchange Forum meeting. “This meeting was extremely informative and packed with discussion groups on the current status of each state’s status of

Read More

NovaRest Works To Improve Puerto Rico’s Rate Review Process NovaRest, Inc. is looking in the self-insured market for the U.S. Centers for Medicare and Medicaid Services (CMS). NovaRest has been asked to help CMS look at what company size and stop loss levels that are appropriate for the self-insured market. Self-insurance is a plan offered

Read More

NovaRest, Inc. continues to make great strides in efforts to assist states with their insurance rate review process. In Illinois, NovaRest is currently reviewing the rates of individual and small group insurance companies that have increased rates by more than 10%. Starting September 1, 2011, insurers seeking rate increases of 10 percent or more for

Read More

On March 1, 2012 Wayne Novak attended the Health Insurance Exchange Plan Management Forum meeting at the National Association of Insurance Commissioner (NAIC) meeting in New Orleans, LA. The meeting covered many topics on how states can use the NAIC’s System for Electronic Rate and Form Filing (SERFF) to assist in the setup of exchanges.

Read More

NovaRest’s Donna Novak and Wayne Novak returned this week from the National Association of Insurance Commissioners Spring 2012 National Meeting in New Orleans, LA. Highlights of the 4 day conference included updates on the Patient Protection and Affordable Care Act including meetings with the Health Actuarial Task Force. During a forum on health care exchanges,

Read More
Scroll Up