Tim Kempen
FSA, MAAA
Principal and Consulting Actuary
Brookfield, WI, US
Tim Kempen is a principal and consulting actuary with the Milwaukee office of Milliman. He joined the firm in 2006.
Experience
Tim works in Milliman’s Healthcare Practice, primarily in long-term care (LTC) insurance, group and individual major medical, and Medicare Part D analysis. He has assisted clients with analyzing and summarizing medical claim and LTC data, product development and pricing, appraisals, financial projections, benefit pricing, valuation of reserves, and healthcare reform analysis. Tim has also spoken at national industry conferences.
Recent projects Tim has completed include:
- Assisting LTC insurance companies with experience analysis, financial projections, product development, valuation of reserves, and converting projection models to a "first principles" basis
- Assisting Programs for All-inclusive Care for the Elderly (PACE) organizations with Medicare Part D bid development, analysis of prescription drug prescribing patterns, and other issues
- Conducting rate setting for self-insured groups
- Performing year-end statement of actuarial opinions and reserve setting
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BS, Mathematics, Finance, and Business Administration and Economics, University of Wisconsin - Platteville
Publications
Read their latest work
Article
Long-Term Care Focus: Q1 2024
15 March 2024 - by Juliet Spector, Annie Gunnlaugsson, Robert Eaton, Mike Bergerson, Jeff Anderson, Jeremy Hamilton, Daniel A. Nitz, Alyssa Lu, John Hebig, Courtney Williamson, Tim Kempen, Evan Pollock, Kevin Brown
This Long-Term Care (LTC) Focus newsletter showcases some of the projects that Milliman LTC consultants are working on now.
Article
長期介護フォーカス:2024年第1四半期
15 March 2024 - by Juliet Spector, Annie Gunnlaugsson, Robert Eaton, Mike Bergerson, Jeff Anderson, Jeremy Hamilton, Daniel A. Nitz, Alyssa Lu, Courtney Williamson, Tim Kempen, Evan Pollock, Kevin Brown
本四半期号のフォーカス・ニュースレターでは、ミリマンの長期介護(LTC)のコンサルタントが現在取り組んでいるプロジェクトについて紹介します。
Article
長期介護保険の評価
24 May 2022 - by Juliet Spector, Tim Kempen, Evan Pollock, Cade Dombrowski
個人長期介護保険(LTC)市場における前提条件および手法の業界調査
Article
Long-term care insurance valuation
24 May 2022 - by Juliet Spector, Tim Kempen, Evan Pollock, Cade Dombrowski
An industry survey of assumptions and methodologies in the individual long-term care (LTC) market.
Article
Risk considerations for innovative products: A case study of the long-term care insurance industry
31 March 2020 - by Robert Eaton, Tim Kempen, Stephanie Moench, Amy Pahl, Allen J. Schmitz
This report explores key risks and considerations for product innovation using the long-term care insurance industry as a case study.
Article
Long-term care insurance valuation: An industry survey of assumptions and methodologies
01 August 2019 - by Tim Kempen, Allen J. Schmitz
This report presents the results of our sixth triennial long-term care insurance valuation survey.
Article
長期介護保険評価:前提条件および手法に関する業界調査
01 August 2019 - by Tim Kempen, Allen J. Schmitz
本レポートは、ミリマンの第6回目となる3年ごとの長期介護保険の評価調査結果について示すものです。
Article
Utilization: A review of two projection methods
25 April 2018 - by Jeremy Hamilton, Tim Kempen
This article focuses on two methods for using current utilization levels to develop utilization assumptions for future durations: an “average utilization” method and a “distribution” method.
Article
介護サービスの利用:2つの予測手法のレビュー(英語版のみ)
25 April 2018 - by Jeremy Hamilton, Tim Kempen
本稿では、現在の利用水準を用いて将来の契約期間に対する利用前提条件を構築する2つの手法、「平均利用」手法と「分布」手法に着目します。
Article
Long-term care insurance valuation: An industry survey of assumptions and methodologies
03 August 2016 - by Tim Kempen, Daniel A. Nitz, Allen J. Schmitz
This long-term care insurance valuation survey reviews and documents the assumptions and methodologies related to the determination and testing of active life and disabled life reserves as well as the asset strategies and investments backing the reserves.