A multiple state model projection on the needs of a proposed long term care insurance in the Philippines
Date of Publication
2009
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Statistics Major in Actuarial Science
Subject Categories
Statistics and Probability
College
College of Science
Department/Unit
Mathematics and Statistics
Thesis Adviser
Regina M. Tresvalles
Defense Panel Chair
Frumencio F. Co
Defense Panel Member
Arturo Pacificador, Jr.
Michele G. Tan
Abstract/Summary
The elderly population of the Philippines is expected to increase in future years, which according to Ogena [18], will behave in a low and slow manner. The researchers suggest Long-Term Care Insurance of developed countries as a solution to one of the problems this event might cause: financial assistance for the elderly. The researchers applied the projection methodology used by Leung [15] and Rickayzen and Walsh [26] to the data 1996 Philippine Elderly Survey data under the assumption of the Multiple State Model. This allowed for the initial data to be projected forward in time with application of the transition rates. Results show that instead of a constant increase in all projections, there are some decreases in number.
Abstract Format
html
Language
English
Format
Accession Number
TU15074
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
104 leaves, illustrations (some color), 28 cm.
Keywords
Older people--Long-term care--Philippines; Long-term care insurance--Philippines
Recommended Citation
Geonzon, S. M., & Go, T. V. (2009). A multiple state model projection on the needs of a proposed long term care insurance in the Philippines. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/5218
Embargo Period
4-4-2021