Milliman delivers a full suite of actuarial services, financial reporting, as well as data analytics and forensics. We provide the experience and expertise to convert data into actionable strategies that improve business results. Our consultants and actuaries leverage a variety of proprietary actuarial tools and powerful analytics to spotlight key cost drivers within the plan “ as well as discuss and implement the strategies and adjustments necessary to mitigate them.

Managing the ongoing relationship with vendor partners requires Milliman’s level of vigilance on performance metrics, market knowledge and the ability to thoroughly vet potential new vendor partners during a bidding process. Milliman’s established vendor relationships are often at the highest levels of the organization which helps consultants negotiate optimal contract terms, conditions and pricing, as well as get elevated issues quickly resolved. Milliman provides comprehensive support for all benefits vendor procurement, renewals, and ongoing performance management.

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

Milliman can help you address the full spectrum of pharmacy benefit challenges, from pharmacy benefit manager (PBM) selection to plan design to ongoing pharmacy claims consulting, our experienced experts and smart technology are here for you.

Milliman combines the insights of our experienced healthcare and pension actuaries to provide clients with unmatched expertise in retiree health consulting. We assist clients with managing and funding their retiree health and postretirement benefit programs, as well as providing needed financial disclosures.

Group life, short- and long-term disability benefits are complex and challenging to get right. Our expert support includes actuarial valuations, vendor selection, plan design and pricing, and in-depth analysis to help you make the best decisions for your employees—and your business.

Milliman offers comprehensive dental request for proposal (RFP) support services. Our experts regularly assist plan sponsors with self-insured benefits to balance offering valuable benefits to employees while meeting financial goals, via plan design support, experience monitoring and benchmarking, annual budgeting and premium equivalent development, and periodic capital needs and reserve analyses.

Health literacy has a direct impact on health outcomes. Through more effective communication, our team of communications consultants can help you communicate health and wellness topics from wellness incentive plans to open enrollment communications.

Milliman consultants are well versed in the intricacies of mental and behavioral health coverage and legislation and can provide guidance to clients on cost and utilization. Our behavioral health and population health teams use data to inform decision-making, including policy analysis, development and evaluation of population health strategies, and other interventions, and quantification of the impact of important public health issues. Our solutions include mental health parity compliance, integrated care, program design and evaluation, predictive modeling, alternative payment models, cost and utilization benchmarking, rate setting and negotiation support, as well as grant application support.

Choose stop-loss coverage that meets your needs and budget as risk-sharing payment models proliferate.

Partner with us to implement and manage a benefits administration solution that matches your unique culture.