Milliman

Milliman is an independent consulting and actuarial firm founded in 1947, with offices in major cities globally. The firm serves clients across healthcare, insurance, financial services, life sciences, and employee benefits sectors. As an employee-owned organization, Milliman maintains independence in its consulting approach.

The firm's healthcare practice focuses on cost management, outcomes improvement, Medicare analysis, and health plan actuarial services. Their team includes actuaries, technologists, clinicians, economists, and data scientists who work with insurers, healthcare organizations, governments, and employers. Milliman combines actuarial expertise with digital technology solutions for health analytics and risk modeling.

With over 75 years of experience, Milliman operates globally while maintaining a significant focus on healthcare alongside their broader insurance and retirement practice areas. The firm produces regular research on healthcare policy, including Medicare drug price negotiations and insurance industry trends.

Choose Milliman when you need actuarial rigor combined with healthcare domain expertise for complex financial modeling, risk assessment, or strategic advisory. Their multidisciplinary approach works well for organizations facing regulatory complexity, Medicare strategy challenges, or health plan financial sustainability issues.

Expect a consultative engagement model with senior-level expertise and comprehensive analysis. Best suited for organizations with budgets supporting enterprise consulting engagements and the internal capacity to implement sophisticated recommendations.

Healthcare represents a major practice area alongside insurance and retirement services, comprising an estimated 25-49% of the firm's business. Milliman serves health plans, healthcare providers, pharmaceutical companies, and government agencies with services spanning actuarial analysis, Medicare policy research, healthcare cost management, and outcomes improvement initiatives.

The firm publishes regular research on healthcare topics including Medicare drug price negotiations and health insurance trends. Their healthcare technology offerings include digital solutions for analytics, cost management, and care improvement specifically designed for insurers and healthcare organizations.

Large health plans, hospital systems, government healthcare agencies, and Fortune 500 employers seeking actuarial analysis, Medicare strategy, healthcare financial modeling, or complex risk assessment. Organizations must have budgets supporting enterprise consulting fees and internal teams capable of implementing sophisticated analytical recommendations.