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Milliman Offers Sophisticated Risk Adjustment Software to State Insurance Exchanges Free of Charge
Best-of-breed enterprise software can provide basis for new focus on healthcare quality and efficiency SEATTLE -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that it will provide its risk adjustment software, Milliman Advanced Risk Adjusters (MARA), to states implementing a health insurance exchange. MARA provides a library of risk adjustment tools. The...
Read More »Insurance Software provides reserve variability modeling.
Used by casualty insurers to obtain information about unpaid claim estimates, P&C Reserve Variability Model v1.4 provides reconciliation between model's stochastic approaches and user's deterministic estimates from same historical data. Program can shift resulting distribution so its mean matches user's deterministic estimate. Software helps users account for heteroscedasticity in data, and...
Read More »Milliman Adds Timber Operators Council - Woodworkers, IAM Defined Contribution Plan and Trust as a Retirement Services Client
Milliman retained to provide defined contribution services SEATTLE, Dec. 5, 2018 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting, actuarial, and administration firms, today announced it has added the Timber Operators Council – Woodworkers, IAM Defined Contribution Plan and Trust as a defined contribution client. The plan includes over 4,300 participants and $150...
Read More »Milliman Offers Sophisticated Risk Adjustment Software to State Insurance Exchanges Free of Charge
Best-of-breed enterprise software can provide basis for new focus on healthcare quality and efficiency SEATTLE -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that it will provide its risk adjustment software, Milliman Advanced Risk Adjusters (MARA), to states implementing a health insurance exchange. MARA provides a library of risk adjustment tools. The...
Read More »Insurance Software provides reserve variability modeling.
Used by casualty insurers to obtain information about unpaid claim estimates, P&C Reserve Variability Model v1.4 provides reconciliation between model's stochastic approaches and user's deterministic estimates from same historical data. Program can shift resulting distribution so its mean matches user's deterministic estimate. Software helps users account for heteroscedasticity in data, and...
Read More »