Actuarial cost projection model

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By Joanne Buckle, Tanya Hayward | 20 September 2018
Using our proprietary Health Cost Guidelines grouper, Milliman’s population cost model (PCM) helps you standardise measures of cost and utilisation across services and populations. A PCM and projection model example projects the starting cost and utilisation from the PCM by service category. It arrives at a total cost using specified cost, utilisation and population trends.