Abstract
The present paper intends to estimate the medical care services insurance premium, using the Black-Scholes financial option theory as a complement to the traditional or actuarial methodology. Four independent variables for Health are used as underlying variables. The weighted average of the premium of each variable, estimated as European Call Options, will add to the total premium, and this will have to be added daily to estimate the year premium. The equivalent of exercise price is the maximum limit before reaching a Health emergency for each variable. This work has limitations due to the shortage of the Health Sector historical data and to the model simplification carried on in order to find a possible solution
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