Milliman is the leader in providing actuarial consulting services to the health industry. We also develop and maintain sophisticated healthcare tools and products that are industry standards.
Known for our technical acuity and comprehensive knowledge of the industries we serve, Milliman offers intelligent, independent analysis to help clients cost-effectively manage their businesses or populations without compromising quality of care. Our expertise derives from the diverse backgrounds of our consultants, who include actuaries, clinicians, and information technology specialists.
Milliman's pharmacy benefits consultants help clients create and analyze a robust and effective pharmacy benefits plan model that provides flexibility and affordability.
In addition, Milliman provides insight into the implications of new healthcare reform regulations and helps address issues such as extremely complicated pharmacy benefits manager (PBM) arrangements, the ongoing Medicare Part D requirements that can pose a significant administrative burden to clients, and more.
The Excess Product Suite is a set of tools that can be used to improve the pricing and underwriting of medical excess products. The tools are based on the same underlying data as Milliman’s Health Cost Guidelines, an industry gold standard used to estimate expected claim costs and model healthcare utilization.
The suite contains the Milliman QWiz Stop Loss Quote Wizard (QWiz), Milliman Stop Loss Manuals with QWiz, Excess Pricing Tool, Excess Network Discount Tool, and Laser Tool.
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