Latest Stuart A. Robertson Stories
SEATTLE, Sept. 19, 2011 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the next phase in its strategic alliance with EagleEye Analytics, an insurance solutions company that provides predictive analytics to the insurance industry. The firms' new solution focuses on providing property & casualty and life insurers with information that can fuel increased profitability. "In three years of working together with EagleEye, we have helped...
SEATTLE, July 14, 2011 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today identified a series of considerations for states, health plans, and employers as they look toward the 2014 state exchange implementation deadline set forward in the Patient Protection and Affordable Care Act (PPACA) and reiterated in regulations issued by Health & Human Services on July 11. "The exchange regulations provide clarification on some points while leaving many...
SEATTLE, July 13, 2011 /PRNewswire/ -- Milliman has completed one of the largest and most comprehensive life insurance mortality and lapse studies ever undertaken. The study is called MIMSA (Milliman Industry Mortality Study and Analysis) and covers the United States individual life insurance business of 29 companies. MIMSA contains $27.8 trillion of exposure for mortality and 1.6 million deaths over study years 2000-2009. It also contains $26.8 trillion of exposure for lapse and 8.1...
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 award is the result...
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...
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...
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...
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 operate...
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 innovative...
CARMEL, Ind., March 28, 2011 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced that John M. Bradley has joined the company as Vice President, Product Management, Medicare Markets. He will report to Dick Garner, Senior Vice President of Product Management, Health. Bradley joins CNO from Combined Insurance Company, where he served as Vice President, Actuary and Director. He was responsible for leading actuarial initiatives in the product, financial and risk management areas,...
