Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73775
Authors: 
Baumann, Florian
Meier, Volker
Werding, Martin
Year of Publication: 
2006
Series/Report no.: 
Ifo Working Paper 32
Abstract: 
We consider lifetime health insurance contracts in which ageing provisions are used tosmooth the premium profile. The capital stock accumulated for each individual can bedecomposed into two parts: a premium insurance and an annuitised life insurance, onlythe latter being transferable between insurers without triggering premium changesthrough risk segmentation. In a simulation based on German data, the transferable sharedeclines in age and falls with an increasing age of entry into the contract. In spite ofdifferent benefit profiles, it is almost identical for women and men.
Subjects: 
Health insurance
lifetime contracts
ageing provisions
premium insurance
simulations
JEL: 
D91
G22
I18
Document Type: 
Working Paper

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