Health microinsurance instructional pricing tool

Annalisa Bianchessi's picture

There are few microinsurance educational tools available to actuaries and healthcare practitioners. In response, Milliman and the International Actuarial Association have collaborated to develop a health microinsurance instructional pricing tool for the microinsurance industry. This model illustrates key actuarial principles common to health scheme pricing and describes a number of important items to consider when using available data and applying adjustments in health scheme pricing.

Credit Life Actuarial Pricing Model Toolkit

Annalisa Bianchessi's picture

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This hypothetical pricing model has been produced by the UK Actuarial Profession Microinsurance Working Party as a learning aid in the development of pricing techniques. The module consists of a number of sheets, each of which address certain aspects of actuarial calculations for life microinsurance. The toolkit consists of hypothetical pricing calculations that can assist users of the toolkit in understanding key pricing principles. It is therefore not indended as a complete pricing model.

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