Scott Weltz
Principal and Consulting Actuary at Milliman
- Role
- Principal and Consulting Actuary at Milliman
- Location
- Brookfield, WI, US
- LinkedIn followers
- 500 followers
About Scott Weltz
Scott is a principal and consulting actuary with the Milwaukee office of Milliman. Scott provides financial and strategic risk management support to the healthcare and insurance industries. Scott is an expert on commercial health care reform (HCR) issues related to the Affordable Care Act (ACA). His recent work includes- Helping ACA issuers identify members with the potential for the largest increases in risk adjuster transfer receipts- Researching health plan design features, sales incentives and reporting algorithms that maximize profit margins for ACA issuers- Working with Milliman\'s prescription drug experts on ways to optimize formularies for ACA issuers while also testing for discriminatory features- Assisting health plans in 11 states with ACA individual and small group market pricing and filing-Leading strategic and financial planning for five different start-up companies entering the commercial insurance exchanges-Co-sponsoring the development of the Milliman tool suite for employers to assist with the analysis of the ACA’s impact on employer sponsored health insurance plans-Mediating bargaining discussions for Taft-Hartley multi-employer trust-Preparing budget projections and premium equivalent rates for large self-funded employers
Experience
Principal and Consulting Actuary
Oct 2008 — Present
Education
Wisconsin School of Business
BBA, Risk Management, Insurance and Actuarial Science
1991 — 1995
University of Wisconsin-Madison
Bachelor of Business Administration (BBA), Actuarial Science
1991 — 1995
Skills
- Data Warehousing
- Health Care Reform
- Data Models
- Public Sector
- Health Policy
- Healthcare
- Underwriting
- Affordable Care Act
- Corporate Benefits
- Employee Benefits
- Data Modeling
- Health Insurance Exchanges
- Commercial Health Insurance
- Actuarial Science
- Public Speaking
- Financial Risk
- Reinsurance
- Data Analysis
- Actuaries
- Defined Benefit
- Strategic Consulting
- Analysis
- Insurance
- Co-Ops
- Individual Health Insurance
- Health Insurance
- Actuarial Consulting
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