
Robert Schmidt
Robert L. Schmidt, FSA, EA, MAAA, is a principal and consulting actuary with Milliman. He is the global practice director of Milliman's Employee Benefits Discipline. He also serves on Milliman’s Health Steering Committee as a national OPEB and Health Benefits leader and serves on the Milliman Board of Directors.
Experience
Robert works with a variety of public, multiemployer, and corporate clients, with member bases that range from a few hundred to more than 100,000 individuals. He specializes in retiree and active healthcare plan consulting. His consulting assignments have included general and strategic consulting, healthcare reform strategy analysis, benchmarking analysis and surveys, review of vendor contracts, benefit design, self-funding feasibility studies, health vendor RFP consulting, Medicare and non-Medicare exchange analyses, RDS attestations, and post-retirement benefit valuations.
Robert is a frequent speaker before professional and client groups and has authored articles on current employee benefit issues for Milliman publications, CCH Compliance Guide for Plan Administrators, and the Journal of Pension Benefits. Robert’s most recent publications include:
2024 Milliman Retiree Health Cost Index
The American Rescue Plan Act of 2021 - Federal COBRA Subsidy (March 2021)
- Fellow, Society of Actuaries
- Enrolled Actuary under ERISA
- Member, American Academy of Actuaries
- Licensed Health and Life Insurance Producer
- BS, Applied Mathematics, Walla Walla University
- Member, Employers' Health Coalition of Idaho
- Member, International Foundation of Employee Benefit Plans