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Milliman analysis: Corporate pension funded ratio climbs to 92.9% in February - Vimarsana News

Milliman analysis: Corporate pension funded ratio climbs to 92.9% in February

Share this article Share this article SEATTLE, March 8, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. In February, corporate pension funding improved by $67 billion thanks to a 26-basis-point increase in the monthly discount rate, from January's 2.62% to 2.88% as of February 28. As a result, the funded status deficit dropped to $133 billion at month's end. Meanwhile, the market value of assets dropped by $2 billion f...

MedPAC May Tell Medicare to Slim Down Its Alternative Payment Offerings - Vimarsana News

MedPAC May Tell Medicare to Slim Down Its Alternative Payment Offerings

email article WASHINGTON -- The Centers for Medicare & Medicaid Services (CMS) should reduce its portfolio of alternative payment models, according to a draft recommendation released by the Medicare Payment Advisory Commission (MedPAC). "I think there's merit in streamlining the models," commission member Brian DeBusk, PhD, CEO of DeRoyal Industries in Powell, Tennessee, said Thursday at MedPAC's March meeting. Medicare "might welcome the relief; I'm sure they get pressed from a lot of different sides to pursue a lot of different programs." DeBusk was responding to a draft recommendat...

GE-anchored Windsor office building heading to auction - Vimarsana News

GE-anchored Windsor office building heading to auction

General Electric made headlines a few years ago when it announced it was relocating its corporate headquarters from Fairfield to Boston. The move was a blow to the state, mostly impacting jobs in Fairfield County, where GE has the majority of its Connecticut operations. But the company also has a lesser-known presence in Greater Hartford. Its energy technology business GE Power occupies the majority of space in a 142,831-square-foot corporate office building in Windsor, at 200 Great Pond Drive.

Milliman acquires McHugh Consulting Resources, expands insurance compliance expertise - Vimarsana News

Milliman acquires McHugh Consulting Resources, expands insurance compliance expertise

Milliman acquires McHugh Consulting Resources, expands insurance compliance expertise PR Newswire Milliman, Inc., the premier global consulting and actuarial firm, today announced the acquisition of McHugh Consulting Resources, Inc., a leading provider of outsourced insurance compliance and regulatory services. The addition of the McHugh team solidifies Milliman's position as the country's leading life and health insurance compliance service provider, capable of helping clients navigate federal and state insurance regulations as well as providing a full range of compliance and regulatory sup...

ICW Group in California Names Yuan Vice President, Product and Pricing - Vimarsana News

ICW Group in California Names Yuan Vice President, Product and Pricing

San Diego, Calif.-based ICW Group Insurance Cos. has named Iva Yuan vice president, product and pricing. Yuan will oversee the strategic direction of its