Health Solutions

Retiree health

Funding the future

Milliman combines the insights of our experienced healthcare and pension actuaries to provide clients with unmatched expertise in retiree health consulting. We assist clients with managing and funding their retiree health and postretirement benefit programs, as well as providing needed financial disclosures.

OVERVIEW

Milliman retiree health solutions

Complete disclosure, assured compliance

Whether you’re working on behalf of a corporation, an independent trust, a collective bargaining agreement, or a government agency, Milliman retiree health consultants will work closely with you and your accountants to ensure accurate, complete disclosure. We bring decades of experience in both pension and health consulting to tackle compliance issues from both perspectives.

Designs for the future

Milliman assists clients in analyzing and implementing leading-edge retiree healthcare plans and overall program design. Using cutting-edge forecasting techniques, we help you make data-driven decisions faster.

Health Cost Guidelines – 65 and Over

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 health 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.

INSIGHT

Milliman retiree health insight

Annual report

2024 Milliman Retiree Health Cost Index

How much money will you need to cover your healthcare expenses?

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Article

Impact of the Inflation Reduction Act on plans seeking creditable coverage

The Inflation Reduction Act’s higher standards for retiree prescription drug plans may require plan sponsors to enrich benefits in 2025 for creditable coverage.

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Article

Retirement planning: How much money will you need to cover your healthcare expenses?

We review the average projected cost for a 65-year-old under the two most common pathways for Medicare-eligible retirees and explore how these costs may vary.

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