Actuarial Estimates for Public Sickness Insurance Plans

1948 ◽  
Vol 43 (241) ◽  
pp. 61 ◽  
Author(s):  
Abraham M. Niessen
Keyword(s):  
Sickness Insurance ◽  
Public Sickness Insurance

VI Non-Cancellable Disability Insurance

1971 ◽  
Vol 20 (01) ◽  
pp. 54-55
Author(s):  
J. Hamilton-Jones
Keyword(s):  
Great Britain ◽  
Disability Insurance ◽  
Sickness Insurance ◽  
Collective Method ◽  
Made In

There are two methods of dealing with the actuarial features of sickness insurance—the collective method and the reversionary method.Unfortunately, perhaps the two methods have developed quite independently of each other, for historical reasons.The collective method was used in Great Britain to investigate Friendly Society experience. The pattern for all subsequent investigations was set in the 1820s and brought to its culmination of refinement in Watson's Manchester Unity Experience still in the Institute's examination syllabus, 66 years after publication. No investigation of insured lives has yet been made in Great Britain. In the rest of this note the term ‘Manchester Unity method’ will be used to describe the collective method.

From Defining Characteristic to Vitiation of Principle

2006 ◽  
Vol 30 (4) ◽  
pp. 479-500
Author(s):  
J. C. Herbert Emery
Keyword(s):  
United States ◽  
Welfare State ◽  
Household Income ◽  
The United States ◽  
Sickness Insurance ◽  
Declining Demand ◽  
The Government ◽  
The Welfare State

Some studies that address the decline of fraternal sickness insurance conclude that fraternal insurers were crowded out of the market by increasing government and commercial competition. This line of reasoning reinforces beliefs that government and commercial insurers were superior to fraternal providers and that voluntary insurance arrangements were deficient for addressing household income risks before the rise of the welfare state. This article shows that this interpretation is problematic. The largest sickness insurer in the United States, the Independent Order of Odd Fellows, dismantled its sick benefit arrangements between the 1860s and the 1920s not because of an inability to compete with the government and commercial insurers that were not in the market until well after 1920 but rather because of declining demand for the insurance within the membership.

Sign in / Sign up

Export Citation Format

Share Document