Optimization of medical insurance actuarial based on biometric data

Abstract

Only a detailed study of the insured in long-term health insurance can better avoid risks and further serve the insured. Biostatistics is a discipline that applies the principles and methods of statistics to study life sciences, reveals the inevitable laws in a large number of random phenomena from the quantitative aspect, and is the application of probability theory and mathematical statistics in the biological field. The research results provide new ideas and methods for actuarial science of social health insurance in China.