Milliman Continues as Actuary for U.T. Liability Plan

The U.T. System Board of Regents agenda notes that Milliman, Inc. continues to serve as actuary for the Professional Medical Liability Benefit Plan, supporting premium and distribution decisions for FY 2026. The firm provides actuarial analyses that inform rate stability and a $6 million premium return to participating institutions.

Scope & details

The full contract record, as filed.

Contract type

PROFESSIONAL_SERVICES

Contract term

Actuarial services for upcoming plan year (FY 2026)

Renewal

The document indicates ongoing actuarial consulting support but does not describe specific renewal or amendment terms for Milliman’s engagement.

Document type

Agenda

Source document

University of Texas System Board of Regents Health Affairs Committee Agenda 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by The University Of Texas System Office?

Milliman Inc was awarded this professional services contract by The University Of Texas System Office, as recorded on August 12, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in University of Texas System Board of Regents Health Affairs Committee Agenda 2026-08-12 (Agenda), dated August 12, 2026 from The University Of Texas System Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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