Here's what I got:

The edges are clean, there is no edge contamination, the hair on the actor's arm shows through the background. Yes there still is a bright edge on the right side of the hand, but that is because there is a light source on the right side of the hand and that contradicts the shadow on your background image. The fix for that is to fake the shadow. You'll have to animate the mask, but this improves it a bit. The shadow layer is now turned on.

If you can control the shadow on the background image and make it come from another direction you can move the shadow layer below the hand and move it to the left. Feel free to play with the sample project.
I hope this helps.
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