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Health Solutions

Pharmaceuticals

Pharmaceuticals
Pharmaceuticals
Overview
Insight
Products
Services
Section 1
Overview

Pharmaceuticals overview

Rapid changes in the pharmaceutical and drug development fields require a dedicated team of experts. Our consulting experience includes applying actuarial principles to health economics challenges for both pharmaceuticals and medical devices and builds on the support of in-house health economists and clinicians. Our areas of research draw on real-world evidence and outcomes data.

Section 2
INSIGHT

Milliman pharmaceuticals insight

Article

Actuarial approaches to modelling and mitigating financial uncertainty in recommending new drugs and health technologies

In collaboration with the National Institute for Health and Care Excellence (NICE) in England, we explore some alternative methodological approaches that build on the incremental cost-effectiveness ratio.
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Presentation

Can we use insurance-based reimbursement models for novel antibiotics?

We explore how the principles of insurance can be applied to structure reimbursement models for novel antibiotics, and ultimately stimulate innovation while offering financial protection to payers.
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Research Report

Evaluating payment models for high-cost curative therapies

A research report that evaluates alternative payment models that potentially could be instituted by healthcare payers and manufacturers to pay for high-cost curative disease therapies and prescription drugs.

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Article

Genomic testing: Cost-savings or cost-inflating for payers

The rapid uptake of genetic testing within the National Health Service (NHS) and current debate around genetics make evaluating tailored interventions increasingly more relevant to ensure an efficient use of NHS spend.
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Interview

U.K.'s NICE sheds light on comparative value

The National Institute for Health and Clinical Excellence in England offers an interesting model for healthcare reform. We asked Joanne Buckle for her perspective.
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Section 3

Milliman Inpatient Benchmarking Tool

Milliman's Inpatient Benchmarking Tool is designed to help public health systems like the NHS make better use of their limited resources. The tool aims to reflect an absolute standard of care of what is possible to achieve given optimal infrastructure and best practice care.

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Products

Milliman pharmaceuticals products

Healthcare cost modeling
Healthcare cost modelling

Health Cost Guidelines Suite

Estimate expected claims costs and model healthcare utilisation with Milliman’s Health Cost Guidelines™, an industry gold standard.

Healthcare risk adjustment
Healthcare risk adjustment

Milliman Advanced Risk Adjusters

Fuel population health analytics and manage risk adjustment with our award-winning suite of tools and data.

Software performance enhancement
Financial Modeling Platform with Excel language

Milliman MIND

Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models.

Section 4
Services

Milliman pharmaceuticals services

Actuarial consulting: Healthcare

Get a handle on the complexity of estimating healthcare financial risk with the industry's leading actuarial services firm.

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Benchmarking

Identify areas of strength and gaps in performance with benchmarking reports that provide actionable advice.

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Enterprise risk management

Embed ERM best practices into your organisation to create a structured and sustainable business management process.

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Contract analysis

We are experts at complex negotiations and provide clients with detailed analyses grounded in financial realities.

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Strategic financial planning

Our consulting services include financial modelling and forecasting, rate-of-return studies, and analysis of reinsurance strategy.

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Section 5

We’re here to help

Ask the tough questions. We’re ready for them.

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Section 6
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