A multi-state model for post-retirement long-term care for the risk of cognitive impairment
Date
2019
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Abstract
We study the lifetime cost of cognitive impairment in post-retirement long-term care. The contribution of this thesis is to design a model for various levels of cognitive impairment in post-retirement period, using time-continuous Markov process, with focus
on the actuarial present value of costs associated with the levels of cognitive impairment in the model.
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Keywords
hoolduse kvaliteet, hooldustasu oodatavad nüüdisväärtused, konstantsed üleminekumäärad, constant transition rates, actuarial present value of cost of care, quality of care