111-119

• Μαυριδόγλου, Γιώργος

This paper is proposed a structure for calculating the actuarial values for short-term health insurance. First a stochastic model for short-term disability insurance in Greece is presented. This model is based on multistate models and stochastic models for disability (health) insurance. The last decennium a vast literature on this kind of models has been developed.The proposed model has three states. To implement this model the transition intensities approach is proposed. This approach based on transition intensities and the Kolmogorov forward differential equations. Formulae for actuarial values, basic probabilities and transition intensities are described.

• Economics and Business

• Economics

Multistate Models, Disability Insurance, Transition Intensities, Actuarial Values

JEL: C49, G22, I12