HEALTH SOLUTIONS

Actuarial consulting

Overview

Providing objective, independent actuarial consulting

Uniquely independent, we provide reserve analysis and actuarial opinion, delivering advanced tools and practical advice that our clients can implement. We offer actuarial opinions and appointed actuary assignments for local regulatory regimes across the globe. We can perform all the calculations for you or train your actuaries to use the customised tools we develop.

Our independent peer reviews of reserve methods, assumptions and processes continue to set the industry standard, resulting in individualised plans and reports for each client.

Insight

Milliman actuarial consulting insight

White Paper

Factors to consider for claims ratio projections of a private medical insurance business

This article focusses on claims ratio projections in the context of the Indian health insurance market.

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Case Study

Population health and value-based care collaboration: Primary care case study

This paper discusses the primary care redesign of seven US practices over the course of three years, including their reported utilisation and savings achievements.

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Article

A valuable proposition: A look into the international private medical insurance market

The global international private medical insurance (IPMI) industry for expatriates and students was worth approximately US$13 billion in 2015 and is expected to grow to US$20 billion by 2019.

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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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Client briefing

Long term care funding and insurance opportunities

In 2010, the UK government created the Commission on Funding of Care and Support “Dilnot Commission” to investigate options for a better, fairer way to pay for adult social care.

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White Paper

EIOPA report on calibration of the premium and reserve risk factors in the standard formula: A health NSLT perspective

This document follows from the commitment of the EIOPA in its advice for Level 2 measures to revise the QIS5 calibrations of the premium and reserve risk factors in the underwriting risk module of the SCR standard formula.

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Article

Operational resilience in an ever changing landscape

Operational disruptions have direct impacts on a firm, its employees and its customers, and also have residual effects with the potential to disrupt the wider market.

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Article

Data protection in a GDPR world

Since the introduction of the new GDPR, individuals have more control over what companies can do with their personal data. The GDPR is applicable across the European Union, and UK companies should now be complying with the regulation.

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Article

How to implement a population health management programme

Population health management (PHM) ensures that ways to improve health outcomes are considered objectively and with an open mind.

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Article

How to implement a wellness programme

While many organisations offer wellness programmes, few are well-designed and meet the dual objectives of improving participant health and reducing overall healthcare costs.

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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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