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Last updated on April 20, 2014 at 21:20 EDT

Latest Wendell Milliman Stories

2014-01-28 08:28:32

Improvement simplifies mobile transactions and access to retirement plan information SEATTLE, Jan. 28, 2014 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced enhancements to its mobile "app" technology that help to further simplify the mobile experience for participants in retirement plans administered by Milliman. By incorporating behavioral finance concepts, the enhanced technology furthers Milliman's mission to provide participants with a...

2014-01-06 12:27:27

Mortality, lapse, and cause of death study may be largest ever done SEATTLE, Jan. 6, 2014 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the availability of a new life insurance experience study. This is the second Milliman Industry Mortality Study and Analysis (MIMSA II), a comprehensive mortality, lapse and cause of death study. MIMSA II examines experience from 37 companies over calendar years 2000-2011. The study includes mortality...

2013-11-07 12:26:36

Corporate CFOs, investors, and participants cheer a remarkable $392 billion improvement in funded status over the last 12 months SEATTLE, Nov. 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 defined benefit pension plans. In October, these plans experienced a $31 billion increase in asset value and a $28 billion increase in pension...

2013-10-08 12:24:40

Pension funded status improves by $32 billion during September. SEATTLE, Oct. 8, 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 September, the funded status of the 100 largest corporate defined benefit pension plans improved by $32 billion as measured by the Milliman 100 Pension Funding Index...

2013-09-23 08:28:36

Data Confidence Model is optimized to give healthcare data miners better access to big data SEATTLE, Sept. 23, 2013 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, announced today the formal launch of a big data initiative. The MedInsight Data Confidence Model is a data management methodology that helps clients leverage concepts of big data for business performance improvement and transparency. MedInsight is Milliman's popular healthcare analytic...

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...

2013-05-22 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...