Employee Benefits
Milliman HigherEDGE
Use actionable intelligence to compare, contrast, and compete by ensuring your benefit programs align with organizational objectives while supporting employees.
Generic HR benchmarking doesn’t fit your organization’s unique needs
Optimizing employee benefits requires relevant data for your sector, geography, and demographics—and the tools to analyze and understand that information. One-size-fits-all approaches don’t capture the best opportunities for better recruiting and cost management.
Comprehensive benefits benchmarking
Milliman HigherEDGE is built to support the distinctive needs of individual sectors. Gain actionable insights based on deep, current data. Build a sound strategy and execute it with confidence, with the option to engage Milliman experts for in-depth benefit consulting.
Designed with you in mind
For public-sector employers
HigherEDGE accounts for differing demographics of the public sector compared to the private sector. Using a demographic profile that accurately depicts the public-employee population, HigherEDGE can analyze benefits whether they are provided through an employer plan, a state plan, or a trust or pool.
For higher-education employers
Milliman appreciates the significance of tuition assistance benefits and treats them as a core component of a benefits package. Because faculty and staff tend to reflect different demographics and, in some cases different benefit programs, HigherEDGE addresses this by running analysis separately for these groups. With the understanding that some public institutions participate in state benefit programs, HigherEDGE can collect and integrate state retirement, health, and welfare plans into the overall analysis, while also accurately evaluating institutions that opt out of social security.
HigherEDGE benefits
Accelerate results with relevance
Avoid wasting time trying to fit generic analysis to your situation. Milliman HigherEDGE is tailored to the specific trends, demographics, and unique benefits of each sector we serve.
Act on insight
Insights are only as good as the actions you take. Milliman HigherEDGE pairs current insights with competitive data, providing the information and confidence you need to make your next critical move—and the foresight to see what’s on the horizon.
Benefit from expertise
Trust that Milliman HigherEDGE is based on actuarial and consulting support to hundreds of higher education and public sector employers as well as collaborations across our Higher Education and Public Plans Communities of Practice.
Services related to HigherEDGE
Public plans
Government employers want to provide for retired workers but face challenging markets, changing demographics, and complex financial reporting requirements. Milliman offers industry-leading expertise in public plans. Our data, experience, and tools help you manage costs and risks while maximizing benefits to employees.
Higher education consulting
Milliman brings consulting resources to our higher education clients that have experience working with a diverse range of corporate clients and various types and sizes of universities, colleges, and university systems. Milliman brings deep, broad knowledge of a full range of industry sectors with special sensitivity to the unique challenges and needs of institutions of higher learning.