How to combine market and internal medical indices in orsa ?
Date : January 2020
Author : Candy Mahirwe, Audrey Meganck, Michel Denuit and Julien Trufin
Publisher : Detralytics
Language : English
“As part of the Own Risk and Solvency Assessment (ORSA),
health insurance companies using the standard formula are required to assess
the appropriateness of this formula for among others the medical inflation risk covered within the Health SCR module.
However, for some companies, the medical index does not seem to reflect the real evolution of their own medical expenses.
Therefore, we choose as topic of our first FAQctuary,
the medical index in which we will attempt to answer this following question :
- How to combine market and internal medical indexes in ORSA ?”