About

Founded in 1999 by Stuart Piltch, Cambridge Advisory Group is an actuarial and benefits consulting firm providing services on qualified and non-qualified retirement and health and welfare benefits. We are the second largest privately held actuarial firm in the United States with over 60 professionals. Cambridge has created affordable and flexible solutions for more than 40 Fortune 200 companies operating domestically and internationally, as well as several State and Federal regulators and agencies.

By providing strategic thinking and practical approaches, we help clients bridge the gap between human resources and financial realities. Our team of experts includes actuaries, accountants, clinicians, doctorates in public health, pharmacists, economists and revenue cycle enhancement specialists. We use a unique flat-fee system and a centralized approach to ensure best practices, consistent technical proficiency, open communication and effective peer review.

Different Works

Different WorksThe Cambridge business model is founded on the principle that proper planning and documentation best meet the needs of our clients. When hired we typically perform a Survey and Analysis of the client’s existing administrative, compliance, financial and strategic conditions. This includes a review of all existing vendor contracts, financial information, utilization data and valuations as well as other pertinent data sets and documentation. We use this information to identify opportunities and develop a long-term Business Plan with corresponding Project Plans. Through this process we define needs and success while developing baselines, benchmarks and means and methods of measurement for success. Our approach is ‘high touch’ and designed to avoid surprises for the client. We are focused on knowable outcomes that can be used for improved planning and the strongest possible results for the client.

Stuart Piltch

Stuart Piltch is the co-founder and managing director of Cambridge Advisory Group, an actuarial and benefits consulting firm based in Philadelphia. A graduate of Hobart College, Piltch spent time working for the government, union organizations and Met Life before founding the firm. Piltch serves on the Board of Trustees for the Marine Military Academy and the American Foundation for the Blind.

Piltch has served as an expert witness to both private and governmental entities on such matters as fraud, damages realized through price fixing, appropriate actuarial practices and protocols, fiduciary responsibilities of both plan and third party administrators as well as claim practices and related reserving issues, including the following:

  • Testified Fall of 2004 through Spring of 2005 on behalf of Florida Plan Holdings, LLC in case involving HIP vs Florida Plan Holdings, LLC, Fort Lauderdale, Florida. (Verdict in favor of Florida Plan Holdings.)
  • Involved with the US Department of Justice regarding their investigation of the New Orleans Public Schools.

Additionally testified and/or deposed in the following cases, each of which resulted in settlement in favor of the client:

  • Milwaukee County vs. Mercer, Inc. on behalf of Milwaukee County.
  • Select Medical vs. America’s Choice Healthplan on behalf of Select Medical, Inc.
  • Healthcare Network of New York vs. HIP of NY on behalf of Healthcare Network of New York.
  • Pennsylvania State Employee’s Retirement System (SERS) vs. Cigna.

Chief Operating Officer
HealthNow, Buffalo, NY
1997-1999

Responsible for a wide array of customer, financial, regulatory and operational functions for a $1 billion health insurer. Also established a new corporate division for the company’s first ever service area expansion. Hired and trained a team of 35 new employees to manage the expansion. Developed and implemented strategies for network development, medical management, sales, service, administration and underwriting Successfully brought in over 40,000 new members in the division’s first year.

Principal
Buck Consultants, Berwyn, PA
1995-1997

Responsible for business development and project management of consulting assignments across the breadth of Buck’s business. Provided technical content for projects in areas of health and disability benefits, executive compensation, salary administration, productivity-based incentives and sales compensation.

Regional Director for Group Insurance and Pensions Division
MetLife, Philadelphia, PA
1985-1995

Held a series of both internally and externally focused positions. As Regional Director, was responsible for the overall management of several regions of the company’s Large Group Division. This division serviced employers and Taft-Hartley Funds with 200+ benefit plan participants. Each region totaled over 125 accounts with annual consideration in excess of $600 million. Responsible for the hiring and training of staff as well as sales, service, administration, pricing and profitability of the business. Each year, the region exceeded corporate objectives for sales, persistency, customer satisfaction and profitability.

Assistant to the President
AFL-CIO, Food and Beverage Trades Department
1982

Participated in coordinated organizing and bargaining issues for fifteen International Unions covering over 7 million members in the service economy. Particular emphasis on health and welfare benefits, disability and discrimination matters.

Analyst – United States Government
1979-1980, 1982-1985
Central Intelligence Agency

Performed quantitative and qualitative analytics on a host of risk management matters. Heavy emphasis on Game Theory and predictive modeling.