Continuing care retirement communities (CCRCs) offer housing and a variety of services,
including long-term care. Typically, the cost of this long-term care is wholly or partially …

Consider a process that jumps back and forth between two states, with random times spent
in between. Suppose the durations of subsequent on and off states are iid and that the …

Presenteeism occurs when employees are present at the workplace but cannot perform at
their best because of ill-health or other reasons, while absenteeism occurs when employees …

We explore the impact of presenteeism, absenteeism, and shirking on the optimal design of
an employer-sponsored sickness-disability compensation insurance plan when the …

The discrete time alternating renewal process is a very simple tool that enables the solution
of many real life problems. After presenting this tool, we propose its application to compute …

Discrete time alternating renewal process is a very simple tool that permits solving many real
life problems. This paper, after the presentation of this tool, introduces the compound …

Health Care Insurance Pricing Using Alternating Renewal Processes Page 1 Volume 7,
Issue 1 2013 Article 5 Asia-Pacific Journal of Risk and Insurance Health Care Insurance …

A continuous time Markov chain observed on a system following the dynamic behavior of an
alternating renewal process is studied. This alternating renewal process is assumed to have …

This article considers the same model as Ramsay (“The Asymptotic Ruin Problem When the
Healthy and Sickness Periods Form an Alternating Renewal Process.” Insurance …

A general long-term disability insurance portfolio with semiannual disability payments and a
lump sum death benefit payment is studied in this project. The transitions for policyholders in …