On Counting, Modeling, & BeansOn Counting, Modeling, & Beans This article, an Honorable Mention Essay for the Society of ... adapted to an organization's experience.” Health care reform; 4294978825 5/1/2011 12:00:00 AM ...
Description: This article, an Honorable Mention Essay for the Society of Actuaries' Entrepreneurial Actuaries Section 2010 Papers Competition, is a discussion of the various issues relating to measurement of data in healthcare. The author presents “a light hearted & tongue-in-cheek take on how healthcare is typically measured, and an entrepreneurial vision for a better world.” Noting that typically data is summarized in deterministic models that produce point estimates for analysis and decision making, the author’s vision presented in the paper “is that of a central repository of actuarially modeled distributions that can either be used as benchmarks or adapted to an organization's experience.”Hide
- Authors: Syed Mehmud
- Date: May 2011
- Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Independent Consultant
- Topics: Actuarial Profession>Entrepreneurism; Public Policy