Kevin Pierce
Kevin Pierce is a senior consulting actuary with the Hartford office of Milliman. He joined the firm in 2016.
Experience
Kevin contributes on a wide variety of projects for a diverse group of clients. Kevin has extensive experience in actuarial, finance, and strategic projects, providing market intelligence and strategy support for clients across the healthcare industry. Kevin also has a passion for helping clients navigate, digest, and strategize for health policy changes.
Kevin possesses deep expertise in the pharmacy industry, supporting a wide variety of stakeholders, including health plans, pharmacy benefit managers, drug manufacturers, patient advocacy groups, and specialty hubs, among others. Kevin has experience in leading product, underwriting, and point solution reviews for pharmacy clients, with a deep understanding of solutions and capabilities offered by key competitors in the market. In addition, Kevin’s pharmacy experience extends to more financially focused activities, such as financial analysis, competitive benchmarking, and forecasting, to name a few.
Kevin is a thought leader in the Medicare Advantage market, with a concentration in Medicare Part D. Kevin leads the Part D bid development for both standalone Prescription Drug Plans and Medicare Advantage Prescription Drug plans. Kevin provides strategic support, helping clients evaluate health policy changes, forecast Part D low income benchmarks and national averages, assess new demonstration programs, and highlight competitive trends. Kevin supports CMS bid audits and develops feasibility studies for new market entrants in the Medicare Advantage market. Kevin’s experience extends to the group Part D market, including Employer Group Waiver Plan pricing and strategy for both employers and pharmacy benefit managers.
Kevin also has substantial experience with financial statements, risk-based capital, mergers and acquisitions, and other related healthcare finance topics.
- Everything You Wanted to Know About Traditional and Advantage Plans but Didn’t Know to Ask. Conference of Consulting Actuaries Spring Meeting, April 2024.
- Medicare Unwrapped: Medicare Products and IRA Impacts. SOA Health Meeting, December 2023.
- Capitalizing on Uncertainty: Winning Strategies with the Inflation Reduction Act. SOA Health Meeting, June 2023.
- CY 2024 Medicare bidding hot topics. Milliman webinar, April 2023.
- The Inflation Reduction Act: What’s changing in healthcare? Milliman webinar, August 2022.
- Follow the money: Your guide to Medicare financial performance. Milliman webinar, August 2022.
- Medicare Advantage: Looking back and looking forward…SOA Health Meeting, June 2022.
- The Future of Medicare: New and proposed program changes. Milliman Healthcare Intelligence Client Forum, October 2021.
- What’s Next in Medicare Part D? SOA Health Meeting, June 2021.
- Let’s get down to Bid-ness: MAPD hot topics for CY2022. Milliman Medicare Webinar, April 2021.
- Advanced Commercial Pricing Bootcamp. SOA Bootcamp Meeting, November 2019.
Professional Designations
- Fellow, Society of Actuaries
- Member, American Academy of Actuaries
Education
- BA, Mathematics-Actuarial-Finance, University of Connecticut, Summa Cum Laude
Publications