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Cabe Chadick

President & Managing Principal - Entertaining Problem Solver with Creative Expertise & Technical Sophistication

Professional Background

Cabe Chadick is a highly skilled actuary and consultant specializing in insurance and health care risk management. He possesses a wealth of experience in solving complex problems and assisting clients in navigating various hurdles related to reserves, valuations, pricing, reinsurance, product development, and deal making. With expertise in both short-term and long-term health coverages, Cabe has successfully aided a diverse range of clients, including Health Maintenance Organizations (HMOs), insurers, brokers, third-party administrations (TPAs), state and federal regulatory agencies, reinsurers, attorneys, and employers.

During his tenure at Lewis & Ellis, Inc., Cabe played an instrumental role in spearheading the development of a policy form and compliance consulting practice, which has grown to encompass over 20 consultants. His innovative approach effectively meets regulatory requirements while providing valuable insights into the insurance landscape. The recognition he has gained for his transformative work is a testament to his dedication and problem-solving skills.

As a prominent figure in the industry, Cabe dedicates time to speaking engagements, bringing a unique blend of humor and entertainment that transforms intricate topics into approachable discussions for audiences of all backgrounds. This skill not only showcases his understanding of the subject matter but also demonstrates his ability to communicate effectively.

In terms of public service, Cabe was appointed as the interim Chief Actuary for the California Department of Managed Healthcare in 2012. This esteemed appointment allowed him to contribute to the oversight of California health plans while fulfilling his existing responsibilities related to reviewing health plan rate filings on behalf of the Department and the California Department of Insurance.

Since 2005, Cabe has led a dedicated team that partners with the Centers for Medicare and Medicaid Services (CMS) to audit and review bids for Medicare Advantage and Prescription Drug plans. His collaboration with CMS reflects his deep commitment to positive health outcomes and regulatory compliance, especially in overseeing managed Medicaid, Home and Community-Based Services (HCBS), and PACE programs that support lower-income and senior populations.

Education and Achievements

Cabe Chadick holds a Bachelor of Science degree in Mathematics from Louisiana State University and Agricultural and Mechanical College. His academic foundation in mathematics has provided him with the analytical skills necessary to excel in the actuarial profession, particularly within the focused realm of insurance and health care.

As the President and Managing Principal at Lewis & Ellis, Inc., Cabe continues to influence the industry positively. His previous roles, including Senior Vice President and Principal at Lewis & Ellis, and Vice President at Pan American Life, have equipped him with a breadth of knowledge and experience that greatly benefits his clients and the teams he leads. His leadership style fosters collaboration and creativity, encouraging innovation in risk program design and financial valuation.

Achievements

Some notable achievements in Cabe's career include:

  • Spearheading the development of a compliance consulting practice at Lewis & Ellis, which has expanded significantly, showcasing his leadership and foresight.
  • Serving as interim Chief Actuary for the California Department of Managed Healthcare, contributing to a vital regulatory agency that oversees health plans in California.
  • Leading audits and bid reviews for Medicare Advantage and Prescription Drug plans, playing a critical role in ensuring compliance and efficiency within the healthcare system.
  • Overseeing financial regulations for managed Medicaid and other essential programs that support vulnerable populations, demonstrating his commitment to public service and overall welfare.

Cabe Chadick's journey reflects a profound dedication to the field of insurance and health care, showcasing his expertise in navigating complex regulations and developing innovative solutions for his clients. With his comprehensive experience, Cabe continues to be a valuable asset to the industry and a trusted advisor for numerous stakeholders seeking guidance in risk management and financial oversight.

Related Questions

How did Cabe Chadick develop his expertise in insurance consulting and health care regulation?
What are the key challenges Cabe Chadick has faced in his role as President at Lewis & Ellis, Inc.?
In what ways has Cabe Chadick influenced the compliance practices within the health care industry?
What strategies does Cabe Chadick employ when leading teams to audit Medicare plans?
How has Cabe Chadick's educational background in mathematics contributed to his career success as an actuary?
Cabe Chadick
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Location

McKinney, Texas, United States