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  • Stochastic Modeling in Health Insurance
    stochastic models. A lot of these can be more individual and collective models, but most people use deterministic ... it a little bit easier. Total IBNR is every individual period we're summing up (see McEllin Slide 11) ...

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    • Authors: Armand Yambao, Jonathan Hendrickson, Edward McEllin
    • Date: Jun 2005
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods>Stochastic models