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Health Care Insurance Pricing Using Alternating Renewal Processes

Author

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  • Adekambi Franck

    (University of the Witwatersrand)

  • Mamane Salha

    (University of the Witwatersrand)

Abstract

This paper uses an Alternating Renewal Process to model the lengths of the health and sickness periods. The first two moments of the discounted aggregate benefits paid out up to an arbitrary time t are then derived.

Suggested Citation

  • Adekambi Franck & Mamane Salha, 2012. "Health Care Insurance Pricing Using Alternating Renewal Processes," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 7(1), pages 1-14, December.
    • Handle: RePEc:bpj:apjrin:v:7:y:2012:i:1:p:1-14:n:1
    DOI: 10.1515/2153-3792.1136
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    References listed on IDEAS

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