Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
Navigate today’s most pressing health industry challenges with a leading global expert by your side.
Deliver on the promises of the past and create smart solutions for the future.
This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are.
Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
Milliman Health Cost Guidelines Suite
Incorporating more than 60 years of research and consulting, the Milliman Health Cost Guidelines are compiled from published, unpublished, private, and public data sources. Today, risk-bearing entities rely on our proprietary methodologies and comprehensive data to:
The Health Cost Guidelines are updated annually to address the latest trends and regulatory compliance issues.
In addition to being comprehensive, the Guidelines are flexible enough to accommodate your specific situation. Whether the focus is on a single benefit area, such as prescription drugs, or redesigning an entire benefit plan, the Guidelines will keep you up to date on the issues that affect your bottom line.
Milliman uses multiple sources of public and private data sources to produce the most comprehensive Health Cost Guidelines available.
The products we sell are the tools we use. As the premier healthcare management consulting firm, Milliman uses the Health Cost Guidelines and underlying data daily to give our in-house actuarial consultants longitudinal insight into the key drivers of healthcare costs and utilisation.
The Health Cost Guidelines–Commercial include the Commercial Rating Structures, Commercial Area Factors, Commercial Claim Probability Distributions, Managed Care Rating Model (MCRM), and Prescription Drug Rating Model (RxRM).
The Rating Structures are used to determine utilisation, charge levels, and claim costs for various health benefits. The Area Factors are used with the Rating Structures to geographically adjust national average costs. Claims Probability Distributions help assess value of deductibles, out-of-pocket maximums, and the effect of plan maximums and area factors by deductible level. The two rating models automate the input and calculation of many of the rating variables and worksheets described in the managed care and prescription drug rating structures.
The Health Cost Guidelines—Ages 65 and Over are used to adjust national average costs to specific geographic areas and to rate Medicare Advantage, Medicare Supplement, and retiree medical plans. They provide a basis for calculating prescription drug claim costs and allow for modifying costs based on age/gender mix, geographic area, trends, and other rating factors.
The Dental Cost Guidelines allow you to:
Anticipate future claim levels, evaluate historical data, and establish relationships between health coverage levels using the Milliman Health Cost Guidelines—Reinsurance. These guidelines contain rating structures for reinsurance used with fee-for-service or managed care plans provided to commercial or Medicare enrollees.
Analyse and benchmark utilisation and costs using the Health Cost Guidelines—Grouper, software which sorts medical and pharmacy claims data into hospital, surgical, medical, and other benefit service categories using Health Cost Guidelines (HCG) definitions.
Determine claim costs for a wide variety of prescription drug benefit plans for either commercial, Medicare or retiree populations. The rating manual allows you to:
Adopt the healthcare industry’s leading platform for data warehousing and healthcare analytics.
Fuel population health analytics and manage risk adjustment with our award-winning suite of tools and data.
We’re passionate about partnering with people to solve complex problems. Let’s chat about what’s going on with your business, and how we can help.