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2015 | OriginalPaper | Chapter

Joint Modeling of Health Care Usage and Longevity Uncertainty for an Insurance Portfolio

Authors : Xavier Piulachs, Ramon Alemany, Montserrat Guillén, Carles Serrat

Published in: Scientific Methods for the Treatment of Uncertainty in Social Sciences

Publisher: Springer International Publishing

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Abstract

We study longevity and usage of medical resources of a sample of individuals aged 65 years or more who are covered by a private insurance policy. A longitudinal analysis is presented, where the annual cumulative number of medical coverage requests by each subject characterizes insurance intensity of care until death. We confirm that there is a significant correlation between the longitudinal data on usage level and the survival time processes. We obtain dynamic estimations of event probabilities and we exploit the potential of joint models for personalized survival curve adjustment.

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previous chapter Asymmetric Uncertainty of Mortality and Longevity in the Spanish Population
next chapter The Commodities Financialization As a New Source of Uncertainty: The Case of the Incidence of the Interest Rate Over the Maize Price During 1990–2014
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Metadata
Title
Joint Modeling of Health Care Usage and Longevity Uncertainty for an Insurance Portfolio
Authors
Xavier Piulachs
Ramon Alemany
Montserrat Guillén
Carles Serrat
Copyright Year
2015
Book
Scientific Methods for the Treatment of Uncertainty in Social Sciences

Print ISBN: 978-3-319-19703-6

Electronic ISBN: 978-3-319-19704-3

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-19704-3_24

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