The role of premium calculation in the stability of private insurance companies: The case of Germany
The role of premium calculation in the stability of private insurance companies: The case of Germany
One of the most crucial components of a country’s social security system is health insurance. Positive developments of health sector enable the opportunity to receive high quality service. In order to offer these services it is essential to deal with the premium calculation subject seriously. Moreover, the accuracy of these calculations provides the longevity of insurance companies and the lack of gap between their incomes and expenses. In this article insurance premium calculation in the privat