A health insurance pricing model based on prevalence rates: application to critical illness insurance

DOI10.1016/J.INSMATHECO.2014.07.005MaRDI QIDQ2513633zbMATH OpenOpenAlexFDO

Authors Fabio Baione, Susanna Levantesi

Publication date 28 January 2015

Published in Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.insmatheco.2014.07.005

zbMATH Keywords

transition intensitiesGompertz-Makehamcritical illness insuranceprevalence ratesmultiple state models

Mathematics Subject Classification ID

Markov processes: estimation; hidden Markov models (62M05)

Recommendations

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• Mehrzustandsmodelle in der berufsunfÄhigkeitsversicherung

Cites work

• scientific article; zbMATH DE number 1323217 (Why is no real title available?)
• Actuarial models for pricing disability benefits: Towards a unifying approach
• Application of survival analysis methods to long-term care insurance.
• Calculation of LTC Premiums Based on Direct Estimates of Transition Probabilities
• Markov Chain Models in Life Insurance
• Monte Carlo methods and models in finance and insurance.
• Multistate models in health insurance
• Transition Intensities for a model for Permanent Health Insurance

Cited in

(12)

• Multi-criteria and medical diagnosis for application to health insurance systems: a general approach through non-additive measures
• Optimal decision of dynamic wealth allocation with life insurance for mitigating health risk under market incompleteness
• Optimal time-consistent social health insurance and private health insurance strategy under a new health insurance framework
• Pricing critical illness insurance from prevalence rates: Gompertz versus Weibull
• Optimal portfolio and insurance strategy with biometric risks, habit formation and smooth ambiguity
• Health insurance risk assessment using cognitive mapping and multiple‐criteria decision analysis
• Analysis of fair fee in guaranteed lifelong withdrawal and Markovian health benefits
• Prevalence rates in a Markov model
• The role of health in consumption and portfolio decision-making: insights from state-dependent models
• Valuation of variable long-term care annuities with guaranteed lifetime withdrawal benefits: a variance reduction approach
• Modelling critical illness claim diagnosis rates I: methodology
• Modelling critical illness claim diagnosis rates II: results

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