Milliman delivers comprehensive healthcare consulting and analytics services with a focus on optimizing procurement and contract performance. The firm's extensive expertise spans healthcare, retirement, and risk management sectors, providing strategic guidance through regulatory compliance, data analytics, and operational support [1].
Core service offerings are structured around several key practice areas that support organizations in reducing healthcare costs while maintaining quality standards [4]:
- Healthcare Solutions
- Strategic Advisory Services
- RFP development and evaluation
- Implementation oversight
- Operational support
- Audit services [7]
- Plan-specific forecasting
- Market landscape analysis
- Risk score evaluation
- Formulary strategy development
- Online service delivery
- Digital compliance tools
- Advanced data protection protocols [5]
- Analytics Solution of the Year (2024)
- Climate and Sustainability Consultancy of the Year (2024)
- Actuarial Modelling Solution of the Year (2023)
- PLANSPONSOR Service Star Team Award (2023)
- Launch of Candidly student loan certification for retirement plans
- Enhanced pension risk transfer capabilities [3]
- Expanded research programs covering corporate pension funding, medical indices, and global insurance markets
The organization maintains its leadership position through comprehensive actuarial consulting services [1], while expanding capabilities in emerging areas such as cyber risk management [4] and climate risk consulting [2].