
Rick Arnheim
Senior Consulting Actuary
Indianapolis, IN, US
Rick Arnheim is a senior consulting actuary at Milliman’s Indianapolis Health Practice.
Experience
Since 2008, he has consulted to life sciences companies. Rick has developed an expertise in designing data-driven solutions that leverage industry-leading syndicated data in the pharmaceutical space. His primary area of focus is quantifying the impact of payer-driven influences on pharmaceutical sales (e.g. formulary coverage, patient cost sharing) and informing strategies that may improve performance.
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BS, Mathematics, College of Charleston
Publications
Read their latest work
Article
Understanding 3 dimensions of syndicated specialty pharmacy data quality
02 November 2026 - by Rick Arnheim, Matt Berman
Life science manufacturers that stress completeness, precision, and accuracy with specialty pharmacy data will be better positioned to make reliable decisions.
Article
Considerations for life sciences companies regarding patient financial support programs
09 June 2026 - by Rick Arnheim, Matt Berman, Jacob Counterman
How can pharmaceutical manufacturers structure the design and review of copay assistance programs in a way that supports informed decision-making?