Using the Black-Scholes method for estimating high-cost illness insurance premiums in Colombia
This article applied the Black-Scholes option valuation formula to calculating high-cost illness reinsurance premiums in the Colombian health system. The coverage pattern used in reinsuring high-cost illnesses was replicated by means of a European call option contract. The option's relevant variable...
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| Udgivet i: | INNOVAR. Revista de Ciencias Administrativas y Sociales |
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| Principais autores: | , |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Universidad Nacional de Colombia
2009
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| Fag: | |
| Online adgang: | https://www.redalyc.org/articulo.oa?id=81819022009 |
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