🩺The 2025 Medicare bid cycle was challenging for all stakeholders, let’s dive in with Milliman’s actuarial experts to discuss how this impacts life sciences organizations. 💡 Join Milliman’s Medicare Part D experts as they discuss lessons from this year’s bid cycle and provide critical insights and answer pressing questions including: •New formulary strategies •Disruptions to plan membership •Changes in plan benefits •Impact of the new Part D design on patients' out-of-pocket costs Speakers: Matthew Hayes, Ryan Swenson, Peter Heinen, FSA, MAAA Moderator: Maggie Alston Don't miss out on this opportunity to stay ahead of the curve! Register now! #Milliman #MillimanLifeSciencesLive #Medicare
Milliman
Business Consulting and Services
Seattle, WA 71,416 followers
It Takes Vision.
About us
Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.
- Website
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http://www.milliman.com
External link for Milliman
- Industry
- Business Consulting and Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Seattle, WA
- Type
- Privately Held
- Founded
- 1947
- Specialties
- Healthcare consulting, Life insurance and investment consulting, P&C/general insurance consulting, and Employee Benefits consulting
Locations
Employees at Milliman
Updates
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🌟 Unleashing the Power of AI at Milliman 🌟 We're thrilled to showcase the 10 winners of our recent AI contest. Talented Milliman employees shared creative ways they utilize AI in the workplace. From creating interactive world maps to creating a "Bid Buddy" to streamlining project management, we were blown away by how many ways existing AI can support daily workflows. Check out the full article to see the incredible ways our team members are leveraging AI. Do you know of any cool ways to AI? Write them in the comments! #Milliman #LifeAtMilliman #AI
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🌈 Reflecting on Pride Month at Milliman! 🌈 Pride Month 2024 was an incredible celebration of diversity, inclusion, and unity at Milliman. Our amazing employees proudly marched in parades across the USA - from Seattle to Milwaukee to Indianapolis to Chicago (where we got to march with Out in Tech). Thank you to everyone who participated! Our commitment to fostering a diverse and inclusive workplace doesn't end with Pride Month, it's a year-round mission. #PrideMonth #Milliman #LifeAtMilliman
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📢 You are cordially invited to our upcoming LinkedIn Live: How RX drugs, GLP-1s, and uncovered services are driving healthcare costs. Join Milliman experts Deana Bell and Mike Gaal for a discussion about our annual study on healthcare costs for employers and employees, The Milliman Medical Index. We’ll focus on this year’s big drivers of healthcare costs, including prescription drug costs and the much-discussed GLP-1s. We’ll also look at how demand for health services that are not currently covered by health insurance are influencing healthcare costs. Plus, take part in our live Q&A — your questions can shape the conversation! Bring your questions to the livestream or drop them in the comments below. 📅 Date: July 11, 2024 ⏰ Time: 1:00 PM (EDT) // 10:00 AM (PDT) 📍 Location: Right here on LinkedIn #Milliman #Healthcare #Insurance
How RX drugs, GLP-1s, and uncovered services are driving healthcare costs
www.linkedin.com
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We hope to see you at tomorrow's livestream on how prescription drugs, GLP-1s, and uncovered services are driving healthcare costs. Bring your questions! #Milliman #healthcare #insurance
📢 You are cordially invited to our upcoming LinkedIn Live: How RX drugs, GLP-1s, and uncovered services are driving healthcare costs. Join Milliman experts Deana Bell and Mike Gaal for a discussion about our annual study on healthcare costs for employers and employees, The Milliman Medical Index. We’ll focus on this year’s big drivers of healthcare costs, including prescription drug costs and the much-discussed GLP-1s. We’ll also look at how demand for health services that are not currently covered by health insurance are influencing healthcare costs. Plus, take part in our live Q&A — your questions can shape the conversation! Bring your questions to the livestream or drop them in the comments below. 📅 Date: July 11, 2024 ⏰ Time: 1:00 PM (EDT) // 10:00 AM (PDT) 📍 Location: Right here on LinkedIn #Milliman #Healthcare #Insurance
How RX drugs, GLP-1s, and uncovered services are driving healthcare costs
www.linkedin.com
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↗️ During June, the Milliman 100 Pension Funding Index (PFI) funded status held steady at its $46 billion surplus level, while the funded ratio rose slightly to 103.7% from 103.6% at the end of May. “The first half of 2024 has seen nothing but funded ratio improvements,” said Zorast Wadia, author of the PFI. “However, with markets at all-time highs and concerns that discount rates may eventually fall, the forecast for the second half of 2024 may not be as sanguine, and liability-matching portfolios will continue to be prudent strategies for plan sponsors.” Read the full report: https://bit.ly/4cwhnBv #pensions #milliman #employeebenefits
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Milliman reposted this
Will the cost of storms in the UK continue to rise? Gain valuable insights on UK extreme weather from consultants Anandi Shah and Ian Penfold. You can read more in Milliman’s annual research paper "Extreme weather in Europe": https://lnkd.in/dEc4usD4 #millimanuk #milliman #climatechange #riskmanagement #insurance
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🤖📊 🌏 If you weren't able to catch Sheri Scott's presentation at InsureTech Connect Asia in Singapore, here's a front row seat to a 1-on-1 interview with Rachel Tan from InsureTech Connect. Learn from Sheri as she deep dives into the future of insurance technology, including: 📌How traditional insurance is adapting to insuretech startups and innovation 📌Lessons learned when implementing data analytics and AI in the US industry 📌Her predictions for next 3-5 years in the insurance ecosystem (spoiler alert: emerging risk is top of mind) Watch here: https://bit.ly/3XMOfl2 #Milliman #insurance #innovation #ITCAsia2024
Milliman Principal and Consulting Actuary Sheri Scott at ITC Asia
https://www.youtube.com/
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🔍 In next week's Milliman Medical Index Livestream event, we'll talk about how the growing demand for GLP-1s is a major driver of higher healthcare costs this year. So, we're curious: If your employer-sponsored health plan covered GLP-1s, would you take them? We'll discuss the results of this poll in the 45-minute livestream on July 11. Register here: https://bit.ly/3XPhi7K #Milliman #Healthcare #Insurance
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Congratulations to the Actuaries of Bermuda (AOB) for its historic launch. We’re excited to see how this new organization grows and supports the local actuarial community. “We are proud to support the Actuaries of Bermuda and its mission to foster professional development and community among actuaries on the island,” said Su Meng L., Milliman Principal and Consulting Actuary in Bermuda. #Milliman #Actuaries #Insurance
The AOB Launch Event was a resounding success! Thank you to all who attended and to our sponsor, Milliman—we had over 85 actuaries present. It was a fantastic day filled with networking, actuarial bingo, and wine tasting. We’ve received positive feedback from attendees and we are happy you enjoyed the event just as much as we did! We look forward to seeing you at future AOB events as we continue to grow our vibrant actuarial community on this wonderful island. #AOB #actuariesofbermuda #actuary #networking #launchevent #bermuda
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