Rachel Killian
FSA, MAAA
Principal and Consulting Actuary
Atlanta, GA, US
Rachel is a principal and consulting actuary with the Atlanta office of Milliman. She joined the firm in 2004.
Experience
Rachel has more than 20 years of healthcare actuarial experience. She has consulted with insurance carriers, Blue Cross Blue Shield plans, HMOs, CO-OPs, government entities, state high-risk pools, accountable care organizations, provider organizations, and employers. She has worked with start-up organizations as well as with established organizations entering new product lines.
Types of actuarial support Rachel has provided for her clients include:
- Pricing and rate development for commercial, Medicare Advantage, and Medicaid products
- Preparation of commercial regulatory rate filings for both ACA and non-ACA products – including individual, small group, and large group
- Medicare Advantage Plan feasibility analysis and bid development
- Medicare Part D Prescription Drug Plan analysis and bid development
- Review and/or estimation of actuarial liabilities/assets for financial reporting
- Annual Statement year-end reviews, including issuance of the Actuarial Opinion and Memorandum as the Appointed Actuary
- Pricing and valuation of group life products
- Financial pro forma projections
- Actuarial support and certification included in federal award grant applications
- TRICARE government contract work
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BS, Mathematics/Concentration, Finance, University of New Orleans
Publications
Read their latest work
Article
Capital requirements for health insurers
03 March 2020 - by David Hayes, Rachel Killian, Shyam Kolli
What are considerations for health plans when determining capital requirements?
Article
Medicare Advantage: Market entry variables to success
09 March 2016 - by Rachel Killian, Ryan Swenson
Entering the Medicare Advantage market can be challenging, and carriers must quickly understand the regulatory and financial requirements and have an action plan and team ready to execute.
Article
Medicare Advantage financial reporting: What accruals need to be considered?
13 January 2016 - by Rachel Killian
Entering the Medicare Advantage line of business can be exciting, and a carrier must quickly consider and evaluate the need for having different accruals that must be calculated and held as liabilities and assets in the financials.
Article
Key considerations for health exchanges
21 March 2011 - by Rachel Killian
Three briefing papers discuss health exchange structure, plan design, and terms of participation.