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Jeremy D. Palmer, FSA, MAAA

Principal, Consulting Actuary
Indianapolis, IN, US

Tel: +1 317 6391000

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Professional Designations

  • Fellow, Society of Actuaries (2003)
  • Member, American Academy of Actuaries (2001)


  • BS, Actuarial Science, Ball State University

Current Responsibility

Jeremy is a principal and consulting actuary with the Indianapolis office of Milliman. He joined the firm in 2004.


Jeremy has developed an expertise in the financial forecasting, reporting, and reserving of all types of health insurance, including commercial and government sponsored populations. He has extensive experience in the evaluation of Medicaid managed care financing, including negotiation and strategy of risk-based managed care capitation contracts, as well as healthcare trend analysis. Jeremy consults to state Medicaid agencies and health plans in more than 15 states.

Prior to joining Milliman, Jeremy worked as a healthcare staff actuary with Anthem Blue Cross Blue Shield for eight years.

Relevant Experience

  • State Medicaid agency risk-based capitation rate development – IL, IN, MI, OH, and SC
  • State Medicaid agency budget, forecasting, and special projects – AR, CT, and NE
  • Medicaid health plan association consulting – MA, NY, and OH
  • Medicaid health plan capitation rate certification and bid development – FL, KY, MA, NH, PA, RI, VA, and WA
  • Medicare/Medicaid dual eligible demonstration analysis – IL, MA, MI, NY, OH, RI, and SC

Publications and Research

  • Basic Health Program, CMS facilitated policy discussion, April 2013
  • Medicaid risk-based managed care: Analysis of financial results for 2011, July 2012
  • Healthcare reform and the basic health program option, April 2011
  • Managed Healthcare Executive magazine, June 2011
  • Presenter, Basic Health Program under ACA, ACAP Roundtable Webex, March 2011
  • Speaker, Achieving Actuarial Soundness, Medicaid Managed Care Conference, September 2010


  • Society of Actuaries Health Section
  • Society of Actuaries Social Insurance & Public Finance Section
  • Society of Actuaries Entrepreneurial Actuaries Section
  • American Academy of Actuaries Medicaid Workgroup
  • Ball State University Actuarial Science Advisory Board
  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman