The length of stay (LOS) at a hospital of a patient contains important information in health statistics irrespective of the fact whether the patient is insured or not. A longer stay may result in resource restrictions with regard to the availability of beds at hospitals. Some of the determinants...

We propose an indirect method to construct the price index for insurance sector, which does not require (or partially requires) the knowledge of prices of various products across time. It is important to appreciate that pricing of products is done actuarially with statistical adjustments by the...