Actuarial F101 Content - Health and Care Fellowship Principles

This class was created by Brainscape user K K. Visit their profile to learn more about the creator.

By: K K

Decks in this class (39)

Chapter 000 Course Overview
List the key areas that the cours...,
Intro products,
Operating environment
16  cards
Chapter 0 Introduction to Health and Care
Describe the main types of health and care insurance contracts: -private medical insurance -health cash plans -main example variations of contracts issued.
21  cards
Chapter 5 Healthcare, including managed care
-Explain components of a well-functioning healthcare. -Analyse the mechanics between the funding and supply of healthcare.
25  cards
Chapter 11 State healthcare provision
Explain likely role of the State in the provision of alternative or complementary health and care protection.
29  cards
Chapter 1 - 4: Health ins prods - Important overview
State 3 basic aspects insurers ne...,
Comment on the considerations an ...,
What kind of customer needs might...
23  cards
Chapter 1 Private Medical Insurance and related products
Describe the main types of health and care insurance contracts: -private medical insurance -health cash plans -main example variations of contracts issued.
37  cards
Chapter 2 Critical Illness Insurance
Ci product topics,
Ci product description overview,
Ci product description surrender ...
23  cards
Chapter 3 Long-term care insurance
Describe the main types of health and care insurance contracts. -lng-term care insurance -main example variations of contracts issued.
33  cards
Chapter 4 Group Products
Group products definition,
Group products broad characteristics,
Group products nature of group
20  cards
Chapter 6 Product design & stakeholders interests (1) - Customer interests
Chapter overview,
Customer attraction and clarity i...,
Customer attraction and clarity m...
26  cards
Chapter 7 Product design and stakeholder interests (2) - Other stakeholder interests
Stakeholders in product design,
Insurer stakeholder general,
Insurer stakeholder key considera...
30  cards
Chapter 8 Distribution Channels
Discuss the operating environments in which health & care insurance products are traded.
17  cards
Chapter 9 The general business environment
Discuss the operating environments in which health & care insurance is traded.
29  cards
Chapter 24 Nature of risks (1)
Broad categories of insurer risks...,
Various possible sources of healt...,
Risks in investigations
20  cards
Chapter 25 Nature of risks (2)
Broad categories of insurer risks...,
Various possible sources of healt...,
Risks due to guarantees and options
22  cards
Chapter 26 Nature of risks (3)
Broad categories of insurer risks...,
Various possible sources of healt...,
Key aims of healthcare insurers m...
16  cards
Chapter 15 Models
Primary objectives of a health in...,
Main uses of models,
Different types of insurance models
51  cards
Chapter 16 Generalised Linear Modelling
Describe the principal modelling techniques appropriate to health and care insurance:
35  cards
Chapter 10 Risk adjustment
-Evaluate the nature of risk facing the insurer. -Describe the principal modelling techniques appropriate to health and care insurance.
23  cards
Chapter 12.1 Data (very high level)
-Apply the techniques used in pricing health and care insurance products in terms of data availability
5  cards
Chapter 12.1 Assumptions (0) Overview and General considerations
Background on assumptions,
General considerations when setti...,
Types of assumptions
3  cards
Chapter 12.2 Assumptions (1) Demographic assumptions
Describe assumptions that are critical to pricing & valuation: -morbidity -mortality -persistency -claim amount
33  cards
Chapter 13 Assumptions (2) Financial assumptions
-expenses -inflation -investment return -taxes -solvency margin
48  cards
Chapter 13 Assumptions (3) Other assumptions
Describe other assumptions crucial to pricing and valuation.
16  cards
Chapter 21 Assumptions (4) Different purposes for setting assumptions, and complexities which arise
Valuing liabilities overview calc...,
Purposes for different assumption...,
Pricing assumptions overview
25  cards
Chapter 22 Reserves & solvency capital requirements
Calculating reserves reasons purp...,
Calculating reserves various basi...,
Health ins reserves intro long te...
64  cards
Chapter 17 Pricing (1) Overview and methods
Pricing method intro,
Pricing method equation of value ...,
Pricing method eov components intro
21  cards
Chapter 18 Pricing (2) Individual business
-Understand and apply techniques used in pricing health and care insurance in terms of: -equation of value & formula approach -cashflow techniques -describe principal modelling techniques appropriate to health & care insurance.
22  cards
Chapter 19.1 Pricing (3) Group business
-Understand and apply the techniques used in pricing health and care insurance products in terms of: -group risk assessments.
26  cards
Chapter 19.2 Pricing (3) Other considerations
-Understand and apply the techniques used in pricing health and care insurance products in terms of: -group risk assessments.
18  cards
Chapter 20 Pricing (4) Options and guarantees
Value proposition of guarantees,
Mortality morbidity options intro...,
Mortality morbidity options examples
22  cards
Ch 28.1 Reinsurance 1
Reinsurance definition,
Reinsurance types,
Facultative vs obligatory reins
28  cards
Ch 28.2 Reinsurance 2
Reins reasons in depth,
Reins reasons parameter risk,
Reins reasons claims fluctuations...
28  cards
Ch 28 Reinsurance (original deck, reference cards)
Reasons for reinsurance,
Reasons for resin smooth results,
Reasons for rein financial assist...
34  cards
Chapter 27 Managed care
Managed care objectives,
Managed care managed care organis...,
Managed care risks managed by man...
16  cards
Chapter 29 Other risk management techniques
Risk management covered so far,
Other risk management techniques ...,
Underwriting intro
74  cards
Chapter 23 Investment
Investment intro,
Principles of investment,
4 main asset classes
40  cards
Chapter 30 Monitoring & feedback into the control cycle
Monitoring experience intro,
Reasons for experience monitoring,
Reasons for experience monitoring...
49  cards
Ch 19: Models 2 - F102 dummy deck
Summary card,
Profitability assesing existing b...,
Assessing solvency what is solven...
11  cards

More about
Actuarial F101 Content - Health and Care Fellowship Principles

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study K K's Actuarial F101 Content - Health and Care Fellowship Principles flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Actuarial F101 - Health and Care Prin...
  • 31 decks
  • 711 flashcards
  • 59 learners
Decks: Chapter 1 Health Care Insurance Products, Chapter 2 Critical Illness Insurance, Chapter 3 Long Term Care Insurance, And more!
F101
  • 32 decks
  • 576 flashcards
  • 2 learners
Decks: Chapter 0 Intro To Health Care, Chapter 1 Health And Care Insurance Prod, Chapter 2 Health And Care Insurance Prod, And more!
Make Flashcards