Pricing, reserving, and risk management for long-term health insurance and long-term care products.
These are the key learning objectives for Health Insurance on SOA Exam ALTAM. Paraphrased from the public SOA syllabus — we recommend also checking the current syllabus on soa.org before your exam sitting.
Price long-term health insurance using morbidity assumptions
Calculate reserves for long-term care and disability income products
Evaluate trend and antiselection in health insurance portfolios
Upload your ACTEX Exam ALTAM digital edition, scanned ASM pages, TIA handouts, or your own notes. exclam.ai extracts the Health Insurance sections and generates flashcards automatically.
Generate multiple-choice quizzes specifically on Health Insurance. Weak questions get re-surfaced until you get them right consistently.
Because Health Insurance is 15–20% of your exam, losing it during review costs you. FSRS brings it back at the optimal moment.
SOA Exam ALTAM has 5 topic areas. Health Insurance is weighted at approximately 15–20% of the exam — here is where it sits relative to the other topics.
| Topic area | Weight |
|---|---|
| Advanced Mortality Models | 15–25% |
| Advanced Life Insurance and Annuity Pricing | 20–30% |
| Reserves and Risk Management | 15–25% |
| Pensions and Retirement Benefits | 15–20% |
| → Health Insurance | 15–20% |
Multi-state mortality models, fractional age assumptions, and select and ultimate tables for advanced applications.
Gross premium pricing, profit testing, embedded value calculations, and universal life product pricing.
Policy reserves under different regulatory frameworks, deferred acquisition costs, and risk management strategies.
Pension plan valuation, funding methods, and accounting for post-employment benefits.
Upload your ACTEX Exam ALTAM digital edition, scanned ASM pages, TIA handouts, or your own notes. exclam.ai generates a fully guided study plan with adaptive flashcards and quizzes for this topic.