Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/74756
題名: | The Valuation of Lifetime Health Insurance Policies with Limited Coverage | 作者: | 黃泓智 Yang, Shang-Yin;Wang, Chou-Wen;Huang, Hong-Chih |
貢獻者: | 風管系 | 日期: | 七月-2014 | 上傳時間: | 23-四月-2015 | 摘要: | In adopting a traditional actuarial view, insurance companies often use expected values to determine the premiums for lifetime health insurance policies with limited coverage, which can lead to serious overpricing problems when the coverage limit is not very low or very high. To address this overpricing problem, this article provides analytical solutions for fair premiums of lifetime health insurance policies with limited coverage. Using internal data provided by insurance companies, this article describes the relationship between the level of limited coverage and excess premiums. The premium difference between a practical pricing method and a proposed pricing model creates a humped curve; the maximum excess premium ratio reaches nearly 20 percent for limited coverage for younger insured people. | 關聯: | Journal of Risk and Insurance(國科會A-1期刊), | 資料類型: | article | DOI: | http://dx.doi.org/10.1111/jori.12070 |
Appears in Collections: | 期刊論文 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
index.html | 126 B | HTML2 | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.