Navigate today’s most pressing health industry challenges with a leading global expert by your side.
Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Deliver on the promises of the past and create smart solutions for the future.
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
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.
Every country’s health insurance market is unique, and India is no exception. Navigating the complex relationship amongst regulator, payer, provider, and intermediaries requires expertise and experience.
Milliman offers both. For companies entering the Indian health insurance market, we provide support for the full range of business needs, including regulatory filings, claims and underwriting strategy and manuals, product design and pricing, training and capacity building, reinsurance program design, provider contracting strategy, and technology selection. We can help your business focus on competitive innovation while minimizing cost, risk, and time to market.
To succeed, you need a solid plan. Our services can help build your business plan at any stage. We can start from the ground up, review assumptions, or strengthen your existing plan in the context of Indian business, regulation, and healthcare markets.
Leverage our insights and expertise to develop and deliver successful health insurance products to the Indian market. We facilitate creative thinking while guiding product creation based on regional and global data and insights. Our services include product prototyping and pricing, feasibility analysis, sales and profitability scenario testing, product finalization and filing support.
Navigate the opportunities and challenges of the Indian health insurance market with the confidence of Milliman insights. We develop in-depth reports covering economic indicators, regulatory factors, market players and their strategies and product lines, financial ratios, and more.
This paper discusses the implementation and practical uses of wearables in the private medical insurance market.
Many actuaries are now willing to employ generalised linear modelling (GLM) for the pricing of health products. What are the current and potential uses of GLM in the Indian health market?
The literature shows that a disease management programme is not a guarantee of cost savings, but in addition to community health improvements and improved clinical outcomes, desired cost savings can be realised if the…
What are some healthcare technologies that can be harnessed directly by health insurers in different parts of the world?
Milliman can help clients improve their administrative performance by conducting company function-by-function comparisons of administrative performance and staffing levels versus competitors and peers, and recommending…
This article focusses on claims ratio projections in the context of the Indian health insurance market.
Gain powerful insights into the health and risk profile of your employees—and give them the ability to monitor their own health and wellness. Flexible, secure, and cloud-based MillimanHRA provides objective, in-depth intelligence for better health.
Estimate expected claims costs and model healthcare utilisation with Milliman’s Health Cost Guidelines™, an industry gold standard.
Estimate reserves accurately with our powerful, yet simple tool for estimating "incurred but not paid" claim liabilities.
Evaluate the expected relative cost of an individual applying for coverage with detailed ratings on more than 1,400 conditions.
Fuel population health analytics and manage risk adjustment with our award-winning suite of tools and data.
Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models.
Adopt the healthcare industry’s leading platform for data warehousing and healthcare analytics.
Improve the medical underwriting process with a comprehensive suite of products based on Milliman Medical Underwriting Guidelines.
Ask the tough questions. We’re ready for them.