The implicit (un)healthy life expectancy used for pricing long-term care insurance and life care annuities

This paper examines the implicit healthy life expectancy (HLE) used for actuarial calculations in some selected biometric data sets from Australia, China, Portugal, Spain and the US. We are interested in checking the demographic and epidemiological coherence of these data sets because this health in...

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Detalhes bibliográficos
Autores: Vidal-Meliá, Carlos, Ventura-Marco, Manuel, Garvey, Anne M.
Tipo de documento: relatório científico
Data de publicação:2023
País:España
Recursos:Universidad Complutense de Madrid (UCM)
Repositório:Docta Complutense
Idioma:inglês
OAI Identifier:oai:docta.ucm.es:20.500.14352/4365
Acesso em linha:https://hdl.handle.net/20.500.14352/4365
Access Level:Acceso aberto
Palavra-chave:G22
G5
I13
J14
J26
Activity limitations
Dependence states
Healthy life expectancy
Life care annuity
Long-term care insurance.
Esperanza de vida
Libre de discapacidad
Estados de dependencia
Limitaciones de la actividad
Renta vitalicia con cobertura de dependencia
Seguro de dependencia.
Salud pública (Medicina)
Seguros
Demografía (Geografía)
3212 Salud Pública
5304.05 Seguros
52 Demografía
Descrição
Resumo:This paper examines the implicit healthy life expectancy (HLE) used for actuarial calculations in some selected biometric data sets from Australia, China, Portugal, Spain and the US. We are interested in checking the demographic and epidemiological coherence of these data sets because this health indicator is rarely presented when authors build their biometric data sets, nor when they are used to calculate long-term care insurance (LTCI) and life care annuity (LCAs) premiums, nor when they are employed in research articles to estimate the future demand for LTC services in a particular country.