Lance Anderson
ASA, FSA, MAAA
Actuary
Seattle, WA, US
Lance is an associate actuary with the Health practice in Milliman’s Seattle office. He joined the firm in 2016.
Lance’s actuarial experience includes pricing, reserving, and regulatory filings. His clients include insurance companies, managed care organizations, state government agencies, and stop-loss carriers.
Examples of his experience include:
- Medicare Avantage bid preparation and support
- Evaluation of liabilities and assets for annual statutory filings
- Support for Medicaid managed care organizations (MCOs)
- Reporting and settlements for accountable care organizations (ACOs)
- Milliman Health Cost Guidelines (HCG) research
- Modeling and pricing stop loss products for self-insured employers
Experience
Professional Designations
- Associate (ASA), Society of Actuaries (SOA)
- Member, American Academy of Actuaries (MAAA)
Education
- BS, Physics, Brigham Young University (2005)
Publications
Read their latest work
Article
CY 2021 Milliman benchmark and Maryland All-Payer Claims Database cost and utilization exhibits
10 May 2024 - by Peter Hallum, Mark Franklin, Lu Miao, Charlie Mills, Lance Anderson
We share the results of our work with Maryland to benchmark the cost and utilization of medical services against other metropolitan statistical areas.
Article
Percent of Medicare comparisons: A primer on using Medicare payment rates as benchmark
19 April 2024 - by Charlie Mills, Jennifer L. Gerstorff, Jerry Li, Lance Anderson
For healthcare stakeholders reporting percent-of-Medicare results, the scope and payment amounts should be clearly defined and appropriate for the comparison goals.
Article
CY 2019 Milliman Benchmark and Maryland All-Payer Claims Database Cost and Utilization Exhibits
28 March 2022 - by Peter Hallum, Lance Anderson, Mark Franklin, Charlie Mills
Under the Total Cost of Care (TCOC) Model, the Maryland Health Services Cost Review Commission (HSCRC) is expanding its evaluation of medical cost from hospital costs only to all non-pharmacy components of medical cost, which includes hospital and other facility, professional, and ancillary costs.
Article
CY 2018 Milliman Benchmark and Maryland All-Payer Claims Database Cost and Utilization Exhibits
22 July 2020 - by Charlie Mills, Peter Hallum, Lance Anderson
Under the recent Total Cost of Care Model, the Maryland Health Services Cost Review Commission is expanding its evaluation of medical cost from hospital costs only to all components of medical cost, which includes hospital and other facility, professional, and ancillary costs.
Article
Prospective and retrospective assignment in MSSP and beyond
04 February 2020 - by Sam Shellabarger, Charlie Mills, Lance Anderson
What are the potential effects of prospective and retrospective assignment on key accountable care organization metrics under the Medicare Shared Savings Program?