Analysis of Pension and Health Insurance
Instructor: Биљана Срдић Гојковић, PhD, Assistant Professor
This subject allows students to understand the role and importance of pension and health insurance, and their relation to demographic and economic trends. Awareness of the importance of pension and health insurance encourages individuals to take responsibility for their income in the periods when they are not capable or not having the opportunity to work, and at the same time it imposes upon them a sense of solidarity with other individuals in the society. Studying of models of pension and health insurance and experiences of certain countries in their reforms, allow timely learning about key weaknesses of the pension and health insurance of the Republic of Srpska and identifying effective measures for their long-term sustainability.
| Code : | 2И14ААПЗ |
|---|---|
| Status: | E |
| Semestar: | 9th or 10th |
| Number of classes per week: | 2+2 |
| ЕECTS: | 5 |
| Teachers: |
Бојан Башкот,
PhD Associate Professor Биљана Срдић Гојковић, PhD Assistant Professor |
| Prerequisites: | |
| Learning Outcomes (gained knowledge): | After completing of this course the students will acquire basic knowledge about the functioning of different models of pension and health insurance. They will be able to clearly define the advantages and disadvantages of each model, and to compare them with models of pension and health insurance in the Republic of Srpska. The students will be able to independently identify deviations of key system parameters, and propose measures for their short-term viability. By learning the basics of actuarial pension and health insurance, the students will be able to conduct assessments and projections of key system parameters, to indicate their deviation and timely notice the need and propose appropriate measures and encourage and initiate reforms of pension and health insurance of the Republic of Srpska. |
| Subject Contents: | Demographic and economic transitions and their impact on the pension and health insurance systems; Basics of pension insurance; Systems of mandatory and voluntary pension insurance; The actuarial bases of pension insurance; Models of reforms of pension systems in the world; The pension system of the Republic of Srpska and measures to establish a long-term sustainable system; The basics of health insurance; Models and levels of funding health insurance; Actuarial basics of health insurance; Health insurance systems in the world; The health system of the Republic of Srpska and measures for the establishment of a fiscally sustainable system. |
| Teaching Methods and Learning Activities: | In addition to lectures with a constant two-way communication, students will be transferred the latest theoretical knowledge in the area of pension and health insurance. Practical work through case studies will include the analyses and simulation of real developments in the pension and healthcare systems of the Republic of Srpska and will allow students, by applying appropriate methods of analysis, to independently discuss the obtained results and proposed measures for the establishment of long-term sustainable systems. Guest lectures will also be organized with eminent experts who are directly involved in the area of pension and health insurance of the Republic of Srpska and neighboring countries. |
| Literature: | Barr, N. (2000). Reforming pensions: Myths, Truths and Policy Choices. Washington, D. C.: International Monetary Fund; Folland, S.; Goodman, A.; Stano, M. (2012). The Economics of Health and Health Care. New Jersey: Prentice Hall; Iyer, S. (1999). Actuarial mathematics of social security pensions. Geneva: International Labor Office. |
| Types of Assessment for the subject: | Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points) |
| Special Remarks for the subject: |