Education and Career Forum

Group and Health – Design & Pricing under the Society of Actuaries Exam DP-GH deals with group and health products. The topics concerned are narrowed down to bring under its wing all the essential elements of pricing that starts with coverage at group and individual levels. Thus the content focuses on the theoretical description of single employer group alongside multi-life and individual life coverage. The vehicles used for making group coverage make for an interesting topic as well. The syllabus designs the entire plan and scheme favourable for funding purposes, health plans for accomplishment of long term goals by the government, regulation of acts and review of existing strategies, taxation and financing issues, management and appropriate utilization of claims, modelling techniques for accurate prediction, manual rates for medical services and functions and credibility theory for students to understand the overall design and pricing system of health products along with the technicalities of underwriting.