Medicare stakeholders frequently lack the competitive intelligence needed to make good decisions. Existing solutions often rely on stale data and employ sampling techniques that lead to biased decision making.
The Solution
Timely and granular insights with Milliman Medicare Market Intelligence
With a 100% claim-level sample of Medicare and Medicaid data, Milliman Medicare Market Intelligence empowers customers to optimize their plans and make informed decisions by drilling down to unprecedented levels of detail. This approach, using data enriched by decades of healthcare experience, enables stakeholders to gain actionable insights, benchmark against competitors, perform financial modeling, and negotiate pharmacy network contracts more effectively.
Milliman Medicare Market Intelligence benefits
Optimize plan performance
Benchmark against competitors, increase the accuracy of financial modeling, and follow the latest best practices with the help of Milliman data and expertise.
Strengthen your negotiating position
Make informed provider decisions, optimize formularies, and negotiate pharmacy network contracts more effectively, resulting in better outcomes for your organization.
Gain a competitive edge
Identify the most impactful providers, deploy your field force more effectively, and gain insights into your competitors’ strategies to succeed in today’s marketplace.
Tailor to your needs
Generate custom reports on-demand at user-selectable levels of aggregation. These reports provide fast, actionable insights based on the entire universe of claims, enabling you to make informed decisions.
Milliman Medicare Market Intelligence features
Interact with dashboards and custom reporting
Easily explore actual claims experience and generate custom reports on-demand that can be customized for all Medicare stakeholders. Search claims by metrics such as sponsor, patient, drug, condition, and provider.
Perform interactive rebate modeling and scenario generation
Quickly perform drug and plan-specific manufacturer rebating modeling for formulary negotiations with interactive tools, using the plan’s actual claims experience and historical Medicare-wide experience to inform key inputs.
Access data anywhere with high levels of security
Get secure access to data with a per-user subscription model housed in a cloud-hosted environment that is refreshed monthly.
Target key stakeholders
Access customized tools and reports that meet the needs of key stakeholders in the healthcare industry, including the pharmaceutical industry, pharmacy benefit managers, pharmacy chains, trade associations, healthcare providers, and health insurers.