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

  1. Carlos Vidal-Meliá 1
  2. Manuel Ventura-Marco 2
  3. Anne M. Garvey 3
  1. 1 Instituto Complutense de Análisis Económico
  2. 2 Universitat de València
    info

    Universitat de València

    Valencia, España

    ROR https://ror.org/043nxc105

  3. 3 Universidad de Alcalá
    info

    Universidad de Alcalá

    Alcalá de Henares, España

    ROR https://ror.org/04pmn0e78

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Revista:
Documentos de Trabajo (ICAE)
  1. Vidal Meliá, Carlos
  2. Ventura, Manuel
  3. Garvey, Anne Marie

ISSN: 2341-2356

Año de publicación: 2023

Número: 2

Páginas: 1-52

Tipo: Documento de Trabajo

DIALNET GOOGLE SCHOLAR lock_openDocta Complutense editor

Otras publicaciones en: Documentos de Trabajo (ICAE)

Resumen

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.

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