Medicaid Actuarial Services

Ended State & local contract Michigan Awarded

Contract number
MA230000000074
Awardee
MILLIMAN USA INC
Contracting organization
Department Technology, Management and Budget

Contract facts

Cumulative value
$17,018,274
End date

Contract details come from michigan.gov. Updated .

About this contract

The Department Technology, Management and Budget Medicaid Actuarial Services IDV (MA230000000074) provides comprehensive actuarial analysis and consulting services to support the State of Michigan's healthcare and insurance program management. Under this vehicle, the state can procure actuarial services including Medicaid actuarial analysis, actuarial consulting for the Paid Family and Medical Leave (PFML) insurance program with multiple design scenarios, actuarial analysis for the Christopher R. Slezak First Responder Presumed Coverage Fund, and general healthcare consulting services. Work is performed on a time-and-expense basis with qualified staff including actuaries holding FSA/MAAA credentials, claims specialists, and healthcare consultants, making this IDV suitable for complex actuarial projects requiring specialized expertise across multiple state healthcare initiatives.

Milliman USA Inc., headquartered in Indianapolis, Indiana, serves as the prime contractor for this indefinite delivery vehicle under the Michigan Department of Technology, Management and Budget's Central Procurement Services division. The contract commenced on March 1, 2023, with an initial completion date of February 28, 2026, and includes two exercisable one-year options. The original contract value was $5,292,774; however, through seven change notices executed through December 17, 2025, the total contract value has increased to $54,111,048 with a revised completion date of February 28, 2028. The contract covers the state of Michigan and operates on a Net 45-day payment term with a 1% discount incentive for payment within 30 days.

Files

File Type Posted
230000000074.pdf PDF

Quick answers

Who holds contract MA230000000074?

Contract MA230000000074 was awarded to MILLIMAN USA INC by Department Technology, Management and Budget in Michigan on March 1, 2023.

How much is contract MA230000000074 worth?

Its cumulative value is $17,018,274.

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