A Study of OPEB Healthcare Cost Trend Rate Assumptions by State Governments
The valuation of OPEB is based on an assumed growth rate in healthcare costs. This article compares the growth rate of healthcare costs used by states prior to and since the Affordable Care Act was signed into law. This assumption has a major impact on the OPEB liability reported.
Accounting and Finance
Journal of Government Financial Management
Association of Government Accountants
Plante, Catherine. “A Study of OPEB Healthcare Cost Trend Rate Assumptions by State Governments” with Richard Brooks. Journal of Government Financial Management. Winter 2014. P. 18- 23