Xavier Piulachs, Ramon Alemany and Montserrat Guillen
This paper aimed to study the price of health insurance for individuals aged 65 years and over.
Abstract
Purpose
This paper aimed to study the price of health insurance for individuals aged 65 years and over.
Design/methodology/approach
A sample of private health policyholders in Spain is analysed. Joint models are estimated for men and women, separately. A log-linear model of the transformed cumulated number of claims associated with emergency room occupation, ambulance use and hospitalization is estimated, together with a proportional hazard survival model.
Findings
The association between the longitudinal process of severe medical care and the survival time process is positive and highly significant for both men and women. An increase in the price of health insurance because of the effect of a larger number of emergency care demand events is slightly offset by the decrease in expected longevity.
Research limitations/implications
The effect of an increase in the number of claims is small compared to the reduction in survival, so age still plays a central role in ratemaking.
Practical implications
High rates of health insurance for elderly insureds should be compensated with younger insureds in the portfolio.
Social implications
Affordable health insurance premiums for elderly people are difficult to obtain only with strict actuarial principles.
Originality/value
The proposed methodology allows dynamic rates to be designed, so that the price of health insurance can change as new usage information becomes available.
Details
Keywords
José M. Merigó, Salvador Linares-Mustarós and Joan Carles Ferrer-Comalat
Luis Fernando Morales-Alzate, Clara Solano-Vanegas, Angela Carrillo-Ramos, Jairo Montoya-Torres, Ramon Fabregat and Jaime A. Pavlich-Mariscal
This paper aims to present Accomm a software implementation of Ágora-SN, a supply network (SN) customer-oriented model integrated with an Adaptation Model. Accomm serves two…
Abstract
Purpose
This paper aims to present Accomm a software implementation of Ágora-SN, a supply network (SN) customer-oriented model integrated with an Adaptation Model. Accomm serves two purposes: as an experimental validation tool to measure the impact of Adaptation on an agribusiness SN model and as a logistic and marketing operations planning assistant.
Design/methodology/approach
The design of Accomm is based on the results of the Ágora-SN model that comprises the following tasks: to characterize the SN actors’ processes ( composed of multiple first-tier suppliers, a focal company and multiple first-tier customers), identifying the ones oriented to the customer; to integrate these processes into a SN model which incorporates a supplier cooperation model; and to provide an adaptation model that implements a customer profile and a context profile to improve order fulfillment.
Findings
To validate the Ágora-SN model, a prototype Accomm was created referred to a real Colombian agribusiness sector company, specifically in the floriculture sector. This prototype was validated through two methods: a usability scale and a set of scenarios that compared the application’s behavior with and without adaptation and cooperation. The application provides a better response to demand when both adaptation and cooperation are enabled.
Research limitations/implications
This work was tested in an academic environment and was validated by different experts. Further tests in operational real-life environments are required to fully validate the approach.
Originality/value
The main contribution of this work is the integration of Adaptation into a SN model as a way to center the SN toward the customer. As an additional contribution, the validation tool Accomm is conceived as an operational planning tool for agribusiness SN.
Details
Keywords
Antonio Jesús Sánchez-Oliver, Pablo Gálvez-Ruiz, Moisés Grimaldi-Puyana, Jesús Fernández-Gavira and Jerónimo García-Fernández
The purpose of this paper is to present a project called EmprendeSport, whose aim is to increase knowledge in entrepreneurship and sports in students, professors and professionals…
Abstract
Purpose
The purpose of this paper is to present a project called EmprendeSport, whose aim is to increase knowledge in entrepreneurship and sports in students, professors and professionals through seminars carried out from 2015 to 2018. This study summarises the experience and data extracted throughout these seminars with the purpose of helping to design policies that stimulate business activity of the universities that seek to promote entrepreneurial spirit within a higher educational context.
Design/methodology/approach
This is a descriptive paper of the experiences of the seminars done during four years, with a regularly assistance of 200 people. The profile of the assistants was, mainly males, studying a degree on sports or entrepreneurship and working.
Findings
There is a lack of knowledge and interest in entrepreneurship. The realisation of the seminar resulted to be a useful incentive for the public to develop new ideas to innovate in their daily lives, some of them also, because of the seminar through of creating their own business. From the organisation perspective, in order to increase the entrepreneurial culture between the females.
Originality/value
The main contribution of this document could be to help design policies that stimulate business activities of universities and, therefore, stimulate their contribution to the development of the modern knowledge economy.