Actuarial aspects of long term care. ([2019])

• Record Type: Book
• Further Information: Note: Etienne Dupourqué, Frédéric Planchet, Néfissa Sator, editors.
• Editors: Dupourqué, Etienne; Planchet, Frédéric; Sator, Néfissa
• Contents: Intro; Foreword; Contents; Dependence: Definitions and Facts; 1 Interactions of LTC Morbidity and Mortality; 1.1 Introduction; 1.2 Basic Concepts; 1.3 Compression of Mortality; 1.4 Compression of Morbidity; 1.5 Interactions of LTC Morbidity and Mortality; 1.6 Mechanisms Underlying Morbidity Compression; 1.7 ADL Versus CI Morbidity; 1.8 ADL Versus CI Mortality; 1.9 Discussion; 1.10 Conclusion; References; 2 Long Term Care in the United States; 2.1 Introduction; 2.1.1 Legal Environment; 2.1.2 Community Living Assistance Services and Supports Act; 2.2 Social Environment 2.2.1 Economic Dependency2.2.2 Age and Gender; 2.2.3 Income; 2.2.4 Assets; 2.2.5 Affordability of Long-Term Services and Supports; 2.3 Measurement Tools; 2.3.1 The Sullivan Index; 2.3.2 1985 National Nursing Home Survey; 2.3.3 Long Term Care Intercompany Experience Studies; 2.4 Diagnosis; 2.5 Evolution of the Insurance Market; 2.6 Salient Differences Between the United States and France; 2.6.1 Jurisdictions; 2.6.2 Actuarial Memorandum; 2.6.3 Gender; 2.6.4 Social Insurance; 2.6.5 Cost-of-Living Adjustments; 2.6.6 Premium Persistency; 2.6.7 Cash Versus Reimbursement; 2.6.8 Reserves 2.6.9 Facultative Versus Mandatory2.6.10 Mutuals and Mutuelles; 2.6.11 Loss Ratios; 2.6.12 Marketing Distribution; 2.7 Conclusion; Bibliography; 3 Long Term Care in France; 3.1 Introduction; 3.2 Social Stakes; 3.2.1 Demography: Aging of the Population; 3.2.2 Nature of the Risks; 3.2.3 Sizable Out-of-Pocket Costs; 3.3 Definitions; 3.3.1 The Iso-Resource Groups Grid; 3.3.2 Activities of Daily Living; 3.3.3 Cognitive Tests; 3.4 Public Sector; 3.4.1 Social Insurance; 3.4.2 Allowance for Personal Autonomy; 3.5 The Insurance Market; 3.5.1 By the Numbers; 3.5.2 Individual Insurance 3.5.3 Group Versus Individual Insurance3.5.4 Reinsurance; 3.5.5 Solvency 2; 3.6 Conclusion; 3.6.1 A Market at the Crossroad; 3.6.2 Potential Innovations; 3.6.3 Insurable, Yes ... But Not at Any Cost; References; Liabilities Measurement; 4 Measuring Long-Term Insurance Contract Biometric Risks; 4.1 Introduction; 4.2 Outline of Data Collection; 4.3 Notations and Setting; 4.3.1 Two Representations of a Semi-markov Model; 4.3.2 Transition Intensities; 4.3.3 The Link Between Transition Intensities And Transition Probabilities; 4.4 Estimation Methods; 4.4.1 Estimation of Transition Intensities 4.4.2 Estimation of Transition Probabilities Based on Transition Intensities4.4.3 Estimation Using Direct Approaches; 4.4.4 Time-Dependent Death Probabilities; 4.5 Regression and Smoothing Techniques for Multi-state Tables; 4.5.1 Active Lives Mortality; 4.5.2 Entry into Disability; 4.5.3 Continuance; 4.6 Consistency Checks; 4.6.1 Initial Checks; 4.6.2 Monitoring Over Time; 4.7 A Simple Model for the Estimate Risk; 4.8 Conclusion; References; 5 Pricing and Reserving in LTC Insurance; 5.1 Introduction; 5.2 Multistate Modeling; 5.3 Transition Probabilities; 5.4 Transition Intensities
• Publisher Details: Cham, Switzerland : Springer
• Publication Date: 2019
• Extent: 1 online resource
• Subjects: 368.38/2; Long-term care insurance; Long-term care of the sick -- Finance; Electronic books; Electronic books
• Languages: English
• ISBNs: 9783030056605; 3030056600
• Related ISBNs: 9783030056599; 3030056597
• Notes: Note: Description based on online resource; title from digital title page (viewed on July 12, 2019).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.