Claim Reserves - Traditional

Work-Product Described

This Work-Product provides an actuarially-determined claims reserve for health care plans using a modified method of computation.  Such modification is a statistical method by which best estimates, variances, confidence limits, etc. are developed.  That is, the traditional (deterministic) model is replaced by a modified (stochastic) model.  Also, claims run-out appropriate to prior reserve computations are also shown.