Quantcast
Last updated on April 20, 2014 at 14:04 EDT

Latest Milliman Stories

2013-09-16 08:34:28

Deterministic Reserving Methods Combine with Industry-Leading Statistical Modeling Tools to Add Depth, Efficiency, and Reliability to the Reserve Analysis Process SEATTLE, Sept. 16, 2013 /PRNewswire/ -- As presented at this week's Casualty Loss Reserve Seminar in Boston, MA, Milliman, Inc., a premier global consulting and actuarial firm, announced today that it has released version 2.0 of Arius, its state-of-the-art loss reserving system for P&C insurers. This release offers a...

2013-08-22 23:23:48

Speakers for Atlantic Information Services’s upcoming Sept. 18 conference include current and former government officials, health plan executives and consultants. Washington, DC (PRWEB) August 22, 2013 Atlantic Information Services, Inc. (AIS) is pleased to announce the speakers for its upcoming Sept. 18 virtual conference, “Countdown to Exchanges: Last-Minute Preparations for the New Marketplaces.” Two weeks before the Oct. 1 start of the open-enrollment period for health insurance...

2013-07-30 16:24:22

Actuarial research into mortality rates, QALY, and costs contribute to the evidence-based recommendation by the U.S. Preventive Services Task Force to provide lung cancer screening to certain high-risk populations SEATTLE, July 30, 2013 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today proudly noted the role that actuarial research played in the establishment of an evidence-based case for the screening of lung cancer. Last night's announcement by...

2013-07-10 16:26:13

Second consecutive month of bond selloff activity drives interest rates higher, leads to significant reduction in pension liabilities SEATTLE, July 10, 2013 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index, which consists of 100 of the nation's largest defined benefit pension plans. In June, these plans experienced a $25 billion decrease in asset value and a $72 billion decrease in pension...

2013-05-28 08:28:43

Continued Growth of Indexed Universal Life Plans and Popularity of Chronic Illness and Long-Term Care Riders are also cited SEATTLE, May 28, 2013 /PRNewswire/ -- Thirteen of the 28 participants in Milliman's sixth annual comprehensive study of Universal Life (UL) and Indexed Universal Life (IUL) issues reported they re-priced their UL with Secondary Guarantee design in the last 12 months. The majority of survey respondents that re-priced also reported that premium rates increased on...

2013-05-22 12:27:12

Milliman Medical Index indicates healthcare costs for a family of four increased by 6.3% in 2013 SEATTLE, May 22, 2013 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2013 Milliman Medical Index (MMI), which measures the healthcare costs for a typical American family of four receiving healthcare benefits through an employer-sponsored preferred provider organization (PPO) plan. The cost of care for this typical family...

2013-04-01 12:23:10

New version prepares clients for principles-based reserves SEATTLE, April 1, 2013 /PRNewswire/ -- Milliman, Inc., the international firm of consultants and actuaries, today announced the release of Version 9.0 of the MG-ALFA system. This release provides full support for the requirements of VM-20, which is becoming a critical issue for insurers as the regulation moves closer to adoption. This release includes support for all three components of the VM-20 reserve calculation,...

2013-03-25 12:26:45

Year-end discount rates fell to a record low of 4.02%, increasing pension funding deficits for the Milliman 100 companies by $61.1 billion and resulting in a record year-end deficit of $388.8 billion SEATTLE, March 25, 2013 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2013 Pension Funding Study, which analyzes the 100 largest US corporate pension plans. In 2012, these pension plans were once again defined by...

2013-02-26 12:27:06

QualCare to use MedInsight for plan analytics and ACO strategy SEATTLE, Feb. 26, 2013 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, today announced that QualCare, Inc. has implemented MedInsight® as its data warehousing and claim analytic platform. QualCare will use MedInsight to help with a variety of analytic reporting needs including health plan analysis and ACO reporting. "QualCare chose the MedInsight system from Milliman due to...

2013-01-07 12:25:51

SEATTLE, Jan. 7, 2013 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index, which consists of 100 of the nation's largest corporate defined benefit pension plans. In December, these pensions experienced a $54 billion increase in funded status based on a $46 billion decrease in the pension benefit obligation (PBO) and a $8 billion increase in assets. The $54 billion improvement in December follows a $33...