Product development and pricing: Healthcare

Making the decision to enter a new market, launch a new product, or change benefits can be full of uncertainty. Companies today are concerned they don’t have all the facts or may wonder about the unexpected financial consequences of a decision.

Every day insurers, health plans, and employer groups call on Milliman consultants to help develop new products and bring them to market. From initial plan design and feasibility studies through completing necessary regulatory filings, our knowledge, experience, and tools give us superior resources to handle the task.

Milliman has extensive databases that enable us to price new or unusual products and estimate the cost impact of mandated benefits and limitations. Our consultants draw from diverse backgrounds throughout the healthcare industry to bring you expertise second to none.

We have decades of pricing and product development experience, supported by healthcare data, research, and proprietary tools. Our clients rely on our conclusions and recommendations to create profitable and competitive products.