PROFESSIONAL_SERVICESAPPROVED

Idaho Department of Insurance | State of Idaho Awards Professional Services Contract to MILLIMAN (February 2026)

The Board approved Milliman’s full 2027 scope of actuarial services (Option 1) for work to be performed in 2026, including market impact analysis and detailed projections of 2027 premiums and reinsurance parameters. The Board opted against a reduced-fee option that would have used older claims data.

Document date · February 25, 2026

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$30,000 in potential fee savings under Option 2 (not selected)
Contract type
PROFESSIONAL_SERVICES
Contract term
Services to be performed in 2026 for 2027 scope and pricing projections
Renewal
Option 1 continues Milliman’s historical level of actuarial support, maintaining separate April and late-summer projections instead of consolidating to a reduced-fee option.
Document type
Minutes
Source document
State of Idaho Small Employer Health Reinsurance Program & Individual High-Risk Reinsurance Pool Board of Directors Minutes 2026-02-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Idaho Department of Insurance | State of Idaho?

MILLIMAN was awarded this professional services contract by Idaho Department of Insurance | State of Idaho, as recorded on February 25, 2026. The contract value is $30,000 in potential fee savings under Option 2 (not selected).

How much is the MILLIMAN contract with Idaho Department of Insurance | State of Idaho worth?

The MILLIMAN contract with Idaho Department of Insurance | State of Idaho is valued at $30,000 in potential fee savings under Option 2 (not selected), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in State of Idaho Small Employer Health Reinsurance Program & Individual High-Risk Reinsurance Pool Board of Directors Minutes 2026-02-25 (Minutes), dated February 25, 2026 from Idaho Department of Insurance | State of Idaho. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MILLIMAN hold?

MILLIMAN may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Idaho Department of Insurance | State of Idaho currently buying?

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