Price and plan design
We help to design premium prices for new products and recommend features that should be part of a plan. Our extensive research in health, databases and tools, the agreed price of new or unusual products and estimate the cost of the benefits and limitations of aid. The study of different levels of personal responsibility for examining elements of the plan, which ultimately help to assess the real impact of the subscription.
Book and financial information
Insurers must be able to accurately estimate future liabilities Reserves canceled correctly. They help us to value liabilities and provisions, including liabilities for claims incurred but not reported reserves disability, reserves lack of subscription and other premium reserves. We also offer advice and tools they can use, exactly as possible to provide practical information for clients. We can check the existing methods for negotiating a reporting and customer enhancements, or create your own systems report financial reports.
claims experience and financial analysis
Analysis of experience in claims experience and comparing the premium or other parameters defined by the user. This helps determine if the insurer or the plan sponsor must increase premiums, changes to plan design or go to certain fields of use management. After careful analysis, may take measures to ensure profitability without recommending benefits.
the rules
We respect a lot easier by all government and actuarial reports required handling. We handle the full range of regulatory requirements, including reports of subscription fees, the financial statements of opinion, certifications small groups, retired Medicare Drug subsidy (RDS) Certifications and provides Medicare Advantage.
retiree health benefits
Milliman believes the accounting impact on future pension benefits and helps you develop alternatives for management. In addition to pension obligations, employers have other post-employment retirement (OPEB), such as medical, wear, vision, dental, life and disability. Units that require performance reviews can count on extensive experience employee benefits Milliman. We manage compliance with FAS 106GASB 43/45 and SOP-92 requirements.