Milliman LARA
Milliman LARA is an advanced data analysis software designed specifically for long-term care insurers. Utilizing predictive modeling, it helps carriers assess individual LTC risks by generating precise risk scores and identifying key risk drivers. This empowers insurers to proactively manage health outcomes and optimize claim activities for their policyholders.
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Top Milliman LARA Features
- Predictive modeling solutions
- Individual LTC risk assessment
- Risk scores and drivers
- Early intervention strategies
- Tailored outreach approaches
- Comprehensive health analysis
- Historical LTCI claims data
- Third-party data integration
- Aging-in-place support
- Population stratification tools
- Enhanced claim management
- Compliance with regulations
- Risk profiling capabilities
- Industry-wide data insights
- Collaboration with care providers
- Advanced subject-matter expertise
- Long-term care guidelines utilization
- Financial projection techniques
- Medicare and Medicaid adjustments
- Robust analysis of wellness programs.
