Actuarial Science and Healthcare Management Proposal

Actuarial Science and Healthcare Management

DURATION:

5 days: 4 days in class and 1 day city tour

VENUE:

Toronto, Canada.

Course Objectives

At the end of this programme, participants shall be able to:

Understand the basic concepts , principles and practice of actuarial science
Learn Health Insurance system of fund mobilization
Identify countries where this system of fund mobilization for healthcare delivery is being practiced successfully
Identify the key features of the system for possible adoption
Appreciate the roles and responsibilities of Health Actuaries
Acquire skills for healthcare planning and design and associated cost control techniques

Course Contents

Fundamental Principles of Actuarial Science
Health Insurance and funds mobilization
An overview of life and annuity accounting
Understanding the roles and responsibilities of Health Actuaries
Healthcare plans, program designs and cost control techniques

Target Audience

Managers, Senior Managers and other key Officers of Health Insurance Schemes, Health Maintenance Organizations and Healthcare service providers.

Goals:

The over-arching goal of the TORONTO CENTRE OF EXCELLENCE programmes is to

Instils in trainees high expectations for personal achievement along with the skills, experience, and confidence to succeed.
Skill and knowledge development in areas important to local needs

No. of Participants:

10-15

Course Background

The search for sustainable funding of healthcare delivery system has engaged the attention of responsible governments all over the world. Poverty, high maternal and infant mortality rates coupled with low life expectancy arising from lack of access to healthcare facilities remain some of the key defining characteristics of underdevelopment in the third world countries. In the face of dwindling resources available to government, it has become imperative to seek alternative avenues for sustainable funding of healthcare delivery in the developing countries in particular.

Actuarial science provides a system of pooling funds from several subscribers with a view to securing predefined benefits for all subscribers as the need arises. It provides for a system of risk management which lightens the burden on any particular individual. Ill-health is a risk which could be encountered by anybody. Through the application of the principles of actuarial science, effective healthcare delivery could be guaranteed for individuals, communities and the citizens of a country as a whole.

This course develops an understanding of the fundamental concepts of health care design and management as well as an overview of the environment of health care and health care plans, followed by health plan designs and cost-control techniques drawing on actuarial principles.

Proposal Inclusions

The proposal includes the following (to be sourced by TCE);

1. Qualified trainer(s) to deliver the course as per the outline. 3 resource persons will be arranged.
2. Training Material. As per the outline. Hard copies will be provided to the participants.
3. Certification: At the end of the training a certificate of attendance will be issued.
4. Training material folders: All participants should be provided with training folders.
5. Training venue
6. 2 Coffee breaks and buffet lunch for training days
7. City tour on the 5^th day of the course. (Toronto city or Niagara Falls)
8. A souvenir for each participant (Cost to be determined later)