Normality Fit to the Population Data of Health Insurance: A Catalyst for Managerial Decisions
Journal Title: Scholars Bulletin - Year 2017, Vol 3, Issue 9
Abstract
Abstract:It is always important to determine distribution of insurance claims in order to estimate future expected values. This study seeks to determine the normality fit to the population data of health insurance. Secondary data collected from Dormaa Municipal Health Insurance Scheme and Dormaa Presbyterian Hospital was analyzed using the Statistical Package for Social Science (SPSS), Excel spreadsheet, and Easy fit. It was found that the population data submitted by 28 health facilities to Dormaa Municipal Health Insurance Scheme follows normal distribution. Keywords:Normal distribution; health insurance; national health insurance scheme; normal distribution; claim modeling; population data
Authors and Affiliations
Zakari Abubakari, Iddrisu Abubakari, Dorcas Kouame, Marian Maclean
Keywords
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