Factors to consider when determining the appropriate level of surplus In a recent Milliman report entitled “Status of collectively bargained benefits: Multiemployer health and welfare fund statistics,” Milliman analyzed the
Multiemployer health and welfare funds face a difficult challenge—how do you maximize benefits provideddavid to your members while operating under a collective bargaining arrangement where the contributions paid to the
The 2017 Milliman Medical Index noted that medical expenditures (inpatient, outpatient, and professional) made up about 80% of the total cost of healthcare for a family of four, and that
As we begin a new year, multiemployer plans will need to renew their efforts for managing the benefits they offer members based on their healthcare budgets. In doing so, trustees
