HEALTH SOLUTIONS
Actuarial consulting
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.
Milliman actuarial consulting insight
Factors to consider for claims ratio projections of a private medical insurance business
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.
Milliman actuarial consulting products
Health Cost Guidelines Suite
Estimate expected claims costs and model healthcare utilisation with Milliman’s Health Cost Guidelines™, an industry gold standard.
Claim Reserve Estimation Workbook (CREW)
Estimate reserves accurately with our powerful, yet simple tool for estimating "incurred but not paid" claim liabilities.
Individual Medical Underwriting Guidelines (IMUGs)
Evaluate the expected relative cost of an individual applying for coverage with detailed ratings on more than 1,400 conditions.
Milliman Advanced Risk Adjusters
Fuel population health analytics and manage risk adjustment with our award-winning suite of tools and data.
Milliman MIND
Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models.
MedInsight
Adopt the healthcare industry’s leading platform for data warehousing and healthcare analytics.
Milliman Medical Underwriting Suite
Improve the medical underwriting process with a comprehensive suite of products based on Milliman Medical Underwriting Guidelines.
Milliman actuarial consulting services
Actuarial consulting: Healthcare
Get a handle on the complexity of estimating healthcare financial risk with the industry's leading actuarial services firm.
Benchmarking
Identify areas of strength and gaps in performance with benchmarking reports that provide actionable advice.
Enterprise risk management
Embed ERM best practices into your organisation to create a structured and sustainable business management process.
Expert witness
Our team has been involved in several expert witness cases to provide insight into quantification of losses.
Product development and pricing: Healthcare
Make the right decisions when it comes time to enter a new market, launch a new product, or change benefits.
Healthcare reserving
Private insurers worldwide rely on Milliman's modelling expertise to discern trends that might affect reserving.
Medical management
Create a world-class medical management programme with expert reviews, in-depth modelling, and proven methods of measuring value.
Microinsurance
Improve stability and security for low-income populations with innovative microinsurance services.
Contract analysis
We are experts at complex negotiations and provide clients with detailed analyses grounded in financial realities.
Health, wellness, and disease management ROI
We bring our customary rigour and objectivity to evaluating employer-sponsored health, wellness, and disease management programmes.