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Latest Milliman Stories

2011-07-12 07:54:00

SEATTLE, July 12, 2011 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, has been named recipient of the 2011 Microsoft Technical and High Performance Computing Innovation Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions using Milliman's MG-ALFA® actuarial projection system and the Microsoft platform. "This...

2011-07-07 14:55:00

SEATTLE, July 7, 2011 /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 $10 billion investment loss but still saw an overall improvement in funded status due to a $35 billion liability reduction. This resulted in a $25 billion improvement in the funded status deficit, bringing it to $186...

2011-06-07 07:00:00

SEATTLE, June 7, 2011 /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 May, these plans experienced flat asset performance and a $26 billion liability increase due to a drop in interest rates. This resulted in a $26 billion increase to the funded status deficit, bringing it to $210 billion. "As was the case last...

2011-05-11 08:00:00

SEATTLE, May 11, 2011 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of the 2011 Milliman Medical Index, which measures the total cost of healthcare for a typical family of four covered by a preferred provider organization (PPO). The 2011 MMI cost is $19,393, an increase of 7.3% over 2010, which is the lowest annual rate of increase in more than a decade. Yet even though the rate of increase is the lowest in recent memory, the...

2011-04-12 13:42:00

SEATTLE, April 12, 2011 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that it will provide its risk adjustment software, Milliman Advanced Risk Adjusters (MARA), to states implementing a health insurance exchange. MARA provides a library of risk adjustment tools. The software can work with varying data sources and has both concurrent and prospective models that will provide states with the kinds of insights necessary to effectively...

2011-04-11 12:22:00

SEATTLE, April 11, 2011 /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 March, these plans experienced no asset growth but did see liabilities decrease by $16 billion based on an increase in the discount rate. "Last month's neutral asset performance illustrates the liability-driven nature of the corporate pension...

2011-04-05 07:00:00

PALM SPRINGS, Calif., April 5, 2011 /PRNewswire/ -- Milliman Care Guidelines today presented its Doyle Award for Innovation and Leadership in Healthcare to ADVANTAGE Health Solutions, Inc.(SM) and to Sound Physicians. The awards were presented in ceremonies here at the Milliman Care Guidelines Client Forum. ADVANTAGE Health Solutions, Inc.(SM) a regional health plan in Indiana, won the Doyle Award health plan category. The company used Milliman Care Guidelines products in an...

2011-01-12 07:00:00

SEATTLE, Jan. 12, 2011 /PRNewswire/ -- Milliman, Inc., the international firm of consultants and actuaries, announced that it has released MG-ALFA® Version 7.2., the second major update since delivery of Version 7.0 in July of last year. Major enhancements since Version 7.0 include: New Flexible Index Tables for Efficient Data Entry New Projection Keys to Manage Multiple Assumption Sets Within a Single Model Enhancements to Manage Multiple Scenario Sets Within a...

2011-01-05 07:00:00

SCHAUMBURG, Ill, Jan. 5, 2011 /PRNewswire/ -- Nearly half (48 percent) of Americans ages 45-70 have no financial plans in place to protect themselves against outliving their assets and the rising cost of healthcare should they live longer than they expected, according to a new survey released today by the Society of Actuaries (SOA). Additional findings show more than one-third are worried about running out of money during retirement, but only 20 percent plan to purchase an annuity or...

2010-12-20 09:01:00

SEATTLE, Dec. 20, 2010 /PRNewswire/ -- Milliman, Inc., the international firm of consultants and actuaries, today announced that it has developed key support functionality for clients who participate in the NAIC impact study on proposed changes to VM-20 to support a principles-based approach to reserves. Numerous MG-ALFA clients are participating in the study and they will use the new functionality to determine and report the impact of the changes. At the core of the new functionality is...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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