Health Insurance

Basic Actuarial Models

  • Ermanno Pitacco

Part of the EAA Series book series (EAAS)

Table of contents

  1. Front Matter
    Pages i-xii
  2. Ermanno Pitacco
    Pages 11-27
  3. Ermanno Pitacco
    Pages 29-62
  4. Ermanno Pitacco
    Pages 63-68
  5. Ermanno Pitacco
    Pages 69-94
  6. Ermanno Pitacco
    Pages 95-148
  7. Back Matter
    Pages 149-162

About this book


Health Insurance aims at filling a gap in actuarial literature, attempting to solve the frequent misunderstanding in regards to both the purpose and the contents of health insurance products (and ‘protection products’, more generally) on the one hand, and the relevant actuarial structures on the other.

In order to cover the basic principles regarding health insurance techniques, the first few chapters in this book are mainly devoted to the need for health insurance and a description of insurance products in this area (sickness insurance, accident insurance, critical illness covers, income protection, long-term care insurance, health-related benefits as riders to life insurance policies). An introduction to general actuarial and risk-management issues follows.

Basic actuarial models are presented for sickness insurance and income protection (i.e. disability annuities). Several numerical examples help the reader understand the main features of pricing and reserving in the health insurance area. A short introduction to actuarial models for long-term care insurance products is also provided.

Advanced undergraduate and graduate students in actuarial sciences; graduate students in economics, business and finance; and professionals and technicians operating in insurance and pension areas will find this book of benefit.


Actuarial Models Income Protection Long-term Care Premium Calculations Reserve Calculations Sickness Insurance

Authors and affiliations

  • Ermanno Pitacco
    • 1
  1. 1.University of TriesteTriesteItaly

Bibliographic information