What is it about?
Bridges actuarial to epidemiological models and illustrates possible healthcare insurance coverage designs with COVID-19 case studies. The paper also discusses ways to optimize the use of limited healthcare resources , such as supplies and care facilities, during pandemics.
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Why is it important?
This is a chapter, part of a collective book devoted to the social and financial aspects of the COVID-19 pandemic, that puts together actuarial and epidemiological concepts. It is an important step to design healthcare coverages that can help mitigate the adverse effects of pandemics.
Perspectives
Simple toy examples illustrate possible insurance coverages against pandemic risks. Used as building blocks these can help in the design of useful and viable insurance products.
Distinguished Professor Emeritus Jose Garrido
Concordia University
Read the Original
This page is a summary of: Epidemic Compartmental Models and Their Insurance Applications, October 2021, Springer Science + Business Media,
DOI: 10.1007/978-3-030-78334-1_2.
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