Proposed Cancer Claim Tables

Question 1

Proposed Cancer Claim Tables

Goals of Graduation of Data in Cancer Valuation Tables

Answer 1

• Smooth inherent volatility
• Provider good fit for data
• Demonstrate flexibility to control risk of negative reserve calculations (due to declining data at young/old ages)
• Demonstrate flexibility to develop reasonable patterns where data had to be aggregated for SOA confidentiality guidelines

Question 2

Proposed Cancer Claim Tables

Key Results

Answer 2

• Incidence of cancer rates in proposed table show slightly different pattern by attained age
• Hospitalization claim costs by age are significantly lower
• First occurrence rates, hospital incidence rates, and LOS showed declines at older ages
• Select and ultimate table was decided not to be used