Multiemployer services

Loading component...

Health & welfare benefits

As trustees deal with rising costs and the endless complexities of the healthcare system, Milliman is well-positioned to help cut through the noise so health and welfare funds can focus on providing the most efficient and effective program of benefits.

Milliman is a leading healthcare consulting firm to medical carriers, health plans, pharmacy benefit managers, stop-loss carriers, health systems, and other providers of care. No other firm can match this depth or breadth in healthcare industry expertise.

For over 60 years, we have brought this expertise to health and welfare funds. Our client list is diverse and includes plans of all sizes, including some of the largest funds in the U.S. We work exclusively in the interest of our clients and this independence allows us to be objective and unbiased in our recommendations.

Our actuarial and consulting services for health and welfare funds include:

Multi-year projections of plan costs, expenses, and reserves
Recurring Experience Reports
Retiree liability valuations (ASC Topic 965 Report)
Medicare retiree program consulting and evaluation (MAPD, EGWP)
IBNR, accumulated eligibility, and COBRA calculations
Medicare Part D attestations (minimum value calculations)
Competitive bidding/market checks of service providers (e.g., medical networks, PBMs, UM/UR providers)
Benchmarking and strategic planning
Population health and care management program/operations evaluation
Benefit design modeling and data analytics
Negotiation of rates and contractual provisions with benefit providers
Contribution rate strategy
Assistance during collective bargaining
Restatement of plan documents and summary plan descriptions
Drafting member communication material
Providing updates on and potential impact of the ever changing legislative and marketplace environment

Loading component...

Insight

Related insight

Report

Multiemployer health and welfare fund statistics: 2023 report

Sixth annual Milliman Multiemployer Health and Welfare Study analyzes financial disclosures for multiemployer health and welfare plans, also known as Taft-Hartley plans.

Read the report

Newsletter

Health and Group Benefits News and Developments

Read the newsletter

Article

Consolidated Appropriations Act, 2021, No Surprises Act Interim Final Rule: Summary of requirements and implications for plan sponsors

The No Surprises Act requires plan sponsors to comply with some of the most burdensome tasks since the Affordable Care Act.

Read the article

Article

Health and Group Benefits Update: Joint agencies release COVID-19 vaccination and booster dose guidance and coverage considerations

We detail the latest guidance on health insurance incentives and surcharges to encourage COVID-19 vaccinations, among other topics.

Read the article

Loading component...

PRACTICE LEADERS

Connect with Milliman experts

East or Southeast

Midwest or South

West or Southwest

Suzanne Taranto

Principal, Consulting Actuary

Sue Taranto is a principal and consulting actuary with the New York Region of Milliman. She joined the firm in 2005 and leads the New York Region Employer Health practice.

View bio

Loading component...

Kontaktieren Sie uns

Wir arbeiten leidenschaftlich gern mit Menschen zusammen, um komplexe Probleme zu lösen. Lassen Sie uns darüber sprechen, wie es um Ihr Unternehmen steht und wie wir Ihnen helfen können.

Multiemployer services