Session: 15, 37

Health Seminar

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Summary

Germany the compulsory long-term care insurance was established in 1995. The private health insurer undertook to implement compulsory long-term care insurance for that part of the population which had a private substitutive health insurance. The paper deals with the history of the private compulsory long-term care insurance, its calculation - i.e. principle of equivalence with the same premiums lifelong provided that there is no inflation in benefits and with ageing provision Furthermore the implemented transfer-elements and the financial equalisation are explained, which are necessary to compensate both the insurance of very old people and such needing long-term care as well as the legal restrictions on premium.

Born 16 February, 1949, in Germany.

After matriculation working as computer programmer.

Study of mathematics at the Rheinische Friedrich Wilhelms Universität Bonn, finished in 1982.

Since 1983 employee at Verband der Privaten Krankenversicherung e. V. (Association of Private Health Insurers), Cologne.

Today there managing director for mathematics, statistics and IT.

Member of Deutsche Aktuarvereinigung e.V. (DAV) since the beginning.