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Incorporating Random Effects to Reduce Variance in Risk Score Estimation
of risk By Jason Reed Health Watch, July 2021 Individual level health risk scores have myriad applications ... patients’ care needs may be quite different (Table 1). Table 1 Average Risk Scores for Two Providers With ...- Authors: Robert Jason Reed (Jason)
- Date: Jul 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Health Watch
- Topics: Modeling & Statistical Methods>Estimation methods; Modeling & Statistical Methods>Regression analysis; Predictive Analytics>Modeling techniques
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Quantile Regression - A New Actuarial Approach to Claims Estimation
Quantile Regression - A New Actuarial Approach to Claims Estimation Health claims are ... important at different parts of the distribution. Individual and group distributions can be constructed. There ...- Authors: Robert Jason Reed (Jason)
- Date: Apr 2020
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Health Watch
- Topics: Health & Disability; Predictive Analytics; Health & Disability>Claims - Health & Disability; Predictive Analytics>Modeling techniques
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Modeling Extreme Events
insurance context, dollars above a high threshold per individual are pooled across a block, being too rare to ... model, which would give probabilities that an individual or group’s claims exceed the threshold conditional ...- Authors: Robert Jason Reed (Jason)
- Date: Jun 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Predictive Analytics>Modeling techniques