Why Actuarial Consulting Matters in Behavioral Healthcare

Our purpose is to help health care organizations understand how to develop and provide excellent health insurance plan benefits to their customers, including physical and behavioral healthcare, in an integrated fashion, resulting in increased patient satisfaction and health, increased provider satisfaction and time, and reduced healthcare costs.

I believe strongly in the importance of behavioral health – that it should be treated as effectively as physical health needs. I have worked extensively with behavioral healthcare parity, behavioral healthcare utilization, and cost analyses, benchmarking analyses, and often with integrated medical-behavioral healthcare pricing and implementation.

-Steve Melek

About Steve Melek

Steve has always loved math, getting a degree from IIT. He learned about actuarial science from a professor, took the first actuarial exam while in school and passed, and then completed the rest of the exams and credentialing process, and spent 45 enjoyable years in the actuarial career.

He worked for 3 different insurance companies over the first 15 years of his actuarial career before joining Milliman in 1990. After about 3 years of doing general actuarial consulting work, the loss of a large client freed up some time for research and he dug into behavioral healthcare. Soon after authoring a few research reports, he was asked to assist AMBHA (American Managed Behavioral Healthcare Association) with developing an expected cost of the parity bill that the Clintons were trying to get passed. He testified before a Congressional subcommittee about his projections for a 4% cost increase for the parity bill getting passed. It did not pass however, but that event generated his desire to continue to pursue consulting in the behavioral healthcare field and spent the next 25 years increasingly specializing in that field.

Steve believes strongly in the importance of behavioral health – that it should be treated as effectively as physical health needs. He has worked extensively with behavioral healthcare parity, behavioral healthcare utilization and cost analyses, benchmarking analyses, and often with integrated medical-behavioral healthcare pricing and implementation.

PROFESSIONAL DESIGNATIONS

• Fellow, Society of Actuaries Member

• Member, American Academy of Actuaries

• Master Fellow, Life Office Management Association

AFFILIATIONS

Steve has chaired and served on various Society of Actuaries and American Academy of Actuaries task forces and working groups, most of which have been focused on behavioral healthcare issues.

EDUCATION

BA, Mathematics, Illinois Institute of Technology