INSURANCE SOLUTIONS

Disability insurance

Ensuring protection is there when people need it most

Short- and long-term disability benefits are complex and challenging to get right. Our expert support includes actuarial valuations, vendor selection, plan design and pricing, and in-depth analysis to help you make the best decisions for your employees—and your business.

OVERVIEW

Milliman disability insurance solutions

Short-term disability

Sick pay, paid time off, parental leave, local and state sick leave plans, and other short-term disability benefits need to work in harmony. We use data and advanced modeling assess the impact of plan changes, whether due to mergers and acquisitions or an evolving benefit strategy.

Long-term disability

We provide actuarial valuations, detailed experience studies, benchmarking, and plan design, providing the insight employers need to make informed decisions about long-term disability benefits. Our expertise extends to both private-sector (ASC 712) and public-sector (GASB 75) benefits.

Group life insurance

Group life insurance isn’t always as simple as it seems. We help employers evaluate group life offerings and work more effectively with insurers to deliver benefits that make a difference in employees’ lives.

Disability insurance vendor selection

Choosing the right partner for disability insurance or administrative services is an important decision. From evaluating RFPs to handling the entire selection process, our unique insight on how insured plans are priced and underwritten helps you obtain the best value for your business.

Insight

Milliman disability insurance insight

Survey

2023 U.S. Group Disability Market Survey

Group disability insurance companies reported $20.5 billion in combined short-term and long-term disability in-force premium in 2022, up from $18.8 billion in 2021.

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Article

2021 U.S. group disability market survey

Insurers reported $19.1 billion in combined short-term disability and long-term disability in-force premium in 2020, an increase from $18.4 billion in 2019.

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Article

Summary of key results from Milliman’s 2020 U.S. Group Disability Market Survey

This survey provides a comprehensive analysis of new sales and inforce business for short-term disability and long-term disability insurance products in 2018 and 2019.

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NEWSLETTER

Benefits Perspectives

Get the Milliman view on issues related to employee benefits, including risk management, investment strategies, and analytical approaches.

ARTICLE

Group Disability and Life Insurance: Considerations at Renewal Time

Learn how to save money and improve employee satisfaction when renewing group products.

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Milliman disability insurance products

Insurance risk assessment

IntelliScript

IntelliScript combines industry-leading data and analysis to provide insurers the knowledge, tools, and insight to confidently assess risk.

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Contact us

We’re here to help you break through complex challenges and achieve next-level success.