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Authors Tzu-Hao Tsai, Yi-Chieh Huang & Yi-Chen Cheng Pages 241–270 Keywords Spillover-type policy pricing, Mortality risk, Meta-analysis |
How to Cite Tsai, T.-H., Huang, Y.-C., & Cheng, Y.-C. (2025). Meta analysis of physical activity intensity and all-cause mortality: Pricing of wellness incentive insurance policy. Management Review, 44(1), 241–270. https://doi.org/10.6656/MR.202501_44(1).ENG005
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Abstract
Purpose – In recent years, insurance companies have introduced spillover-type policies, offering premium discounts or additional benefits to insured individuals who achieve predetermined exercise goals. However, there is currently no scientific or clear method for insurers to calculate the impact of exercise on reducing mortality rates for policyholders.
Design/methodology/approach – This study addresses this issue by applying a meta-analysis approach. A total of 50 studies examining the relationship between exercise intensity and mortality rates were reviewed. Based on the subjects’ exercise intensity, the data were categorized into three levels—low, moderate, and high—using metabolic equivalent (MET) as the benchmark.
Findings – The meta-analysis revealed that compared to the low-intensity exercise group, the mortality rate decreased by 39% in the moderate-intensity group and by 47% in the high-intensity group.
Research limitations/implications – The reduction in mortality rates and insurance premiums due to exercise is remarkable.
Practical implications/Social implications – This study proposes a spillover-type policy feedback plan corresponding to different levels of exercise and calculates the amount of feedback for such policies. This approach provides insurance companies with a reference framework for pricing spillover-type policies.
Originality/value – This study offers valuable insights for the insurance industry in pricing spillover-type policies.