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Long-Term Care Modeling, Part 3: Model Validation
period over which the historical data applies. Dynamic validation on key LTC model cash flows may be ... MODELING PLATFORM | 31 they may include static and dynamic validation, and retrospec- tive testing. In addition ...- Authors: Jeremy Levitt, Lo Linda Chow, Yuan Yuan, Laura Knab
- Date: Nov 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Modeling Platform
- Topics: Long-term Care>Long-term care insurance
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Long-Term Care Modeling Part 1: An Overview
Long-Term Care Modeling Part 1: An Overview This article is the first installment of a three-part ... Model fitting. This includes retrofitting and dynamic testing to assess and validate that the model ...- Authors: Lo Linda Chow, Kevin Kang, Jillian Cataloni
- Date: Dec 2016
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Modeling efficiency