Lauren Efferding

CEBS

Principal & Sr. Benefits Consultant

Omaha, NE, US

Lauren Efferding serves as a principal and senior benefits consultant within the Milliman Employee Benefits Consulting (EBC) Practice. She possesses extensive expertise in advising employers, their advisors, and vendors on the design, budgeting, funding, and implementation of employee benefit plans encompassing medical, dental, vision, stop-loss, and various ancillary coverages. Additionally, she is involved in retiree medical plans, Taft-Hartley, and other union plans. Lauren's experience spans multiple industries, including healthcare systems, manufacturing, retail, nonprofit, oil and gas, and government entities. She is esteemed for her deep expertise in financial strategy and tailored solutions, establishing her as a trusted advisor. Her comprehensive skillsets include the following:

Financial forecasting: Lauren conducts financial and premium/ rate projections and claims reserve estimates through ongoing monitoring and evaluation of plan performance.
Pricing and risk assessment: Lauren leverages statistical analysis and data modeling to forecast risk trends and provide actionable insights for pricing strategies.
Marketing carriers/vendors and contracting: Lauren facilitates contract, carrier, and vendor negotiations, including managing RFPs, to ensure that contracts are equitable, comprehensive, and of the highest caliber. Additionally, she evaluates network and provider contracts, performance guarantees, and other contract elements to ensure optimization, adequacy, and positive financial outcomes.
Compliance: Lauren maintains plan compliance by staying informed of evolving regulations and laws.

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Experience

Since joining Milliman in 2013, Lauren has contributed to a diverse array of projects and worked with numerous clients. She played a key role in creating consulting products and tools for mid-market employers, ranging from 200 to 5,000 employees, which effectively present complex data analyses in an accessible format. Lauren possesses extensive expertise in consulting on self-funding, fully insured plans, captives, level-funded plans, ICHRA, and multi-employer health plans.

Publications and Presentations

Industry Presentations:

Medical Inflation: Drivers and Employer Management Strategies. ISCEBS Webinar presentation. April 2023.

Publications:

Leveraging ICHRA for employer groups, white paper. June 2022.

Professional Designations

Certified Employee Benefit Specialist (CEBS)
Insurance Producer for Life/Annuities, Sickness, Accident /Health

Education

B.S.B.A., Finance and Minor Marketing, University of Nebraska-Lincoln

Affiliations

Board Member, Nebraska ISCEBS chapter
Education Committee, Nebraska ISCEBS chapter

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Publications

Read their latest work

Article

2023 Healthcare report - Indiana area

07 April 2023 - by Lauren Efferding, Logan Larson

We dive into data from our recent benefits benchmarking survey to show Indiana's key trends, which we compare with national averages.

Article

2022 Healthcare report - Indiana area

07 April 2023 - by Lauren Efferding, Logan Larson

We dive into data from our recent benefits benchmarking survey to show Indiana's key trends, which we compare with national averages.

Article

Leveraging ICHRA for employer groups

02 June 2022 - by Lauren Efferding

With greater participation of carriers and networks, the ACA individual marketplace is now a viable solution for employer health plans, especially with ICHRAs.

Lauren Efferding

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Experience

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Read their latest work

2023 Healthcare report - Indiana area

2022 Healthcare report - Indiana area

Leveraging ICHRA for employer groups

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Lauren Efferding

Experience

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