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SOA真题Course8M北美地区精算师考试2005（最后一堂课）

来源：高顿网校 2014-08-07

　　高顿网校小编提醒您，及时登录北美精算师官方网站报名，以免耽误您的11月考试。SOA真题Course8M北美地区精算师考试2005（最后一堂课）看起来啦。
　　18. (6 points) You are an actuary for the Bedford Group, the managed care division of

　　Wonderful Life Insurance Company. The CFO has committed to the Board that

　　contribution to surplus will grow by 20%.

　　You are given the following in addition to information in Tables MC-1, MC-3,

　　and MC-6:

　　? Ending 2004 Surplus = $100 million.

　　? The average premium increase is 7% from 2004 to 2005.

　　? Claim trend for 2005 is estimated to be 8% for medical and 15% for prescription

　　drugs.

　　? No change in provider liability from 2004 to 2005

　　? A one-time $3,000,000 expense charge for Sarbanes-Oxley and HIPAA compliance

　　in 2005 was immediately expensed.

　　? Administrative and Facility costs were the same as in 2004.

　　? No IT capital expenditures were paid in 2004 nor expected for 2005.

　　? MIS & IT costs in 2004 were 30% higher than expected due to non-recurring

　　consultant fees.

　　? Salaries and other administrative costs increased on average 3.5% from 2004.

　　? 2005 total membership did not change from 2004.

　　? Commissions and Premium Tax as a percent of premium is as shown in

　　Table MC-1.

　　? Corporate Taxes are expected to be 37.5% of Operating Earnings before Taxes.

　　? No Other Income was recorded in 2005.

　　(a) (5 points) Calculate the expected 2005 investment income based on the above

　　assumptions which would be needed to meet the CFO’s contribution to surplus

　　target and comment on the reasonableness of the CFO’s commitment. Show your

　　work.

　　(b) (1 point) Describe actions that can be taken to increase surplus.

　　COURSE 8: Fall 2005 - 20 - GO TO NEXT PAGE

　　Managed Care Segment

　　19. (4 points) Whitecoat Health Plan (WHP) pays laboratory providers at a fixed percentage

　　of billed charges. Over the last two years, costs for these services have escalated rapidly,

　　and WHP has decided to introduce a fee schedule for some provider types and services.

　　Effective January 2006, WHP will contract with one clinical lab for specific lab

　　procedures at a flat fee per procedure. You have been given the following information:

　　2006 Rate per

　　Service

　　3/1/2004 –

　　2/28/2005 Billed

　　Charges

　　3/1/2004 –

　　2/28/2005

　　Procedures

　　Procedure 1 $20 $7,361,770 146,067

　　Procedure 2 $17 $10,226,250 252,500

　　Procedure 3 $30 $6,841,766 85,844

　　? WHP currently reimburses laboratory services at 70% of billed charges.

　　? Annual trend for billed charges per service is 4%.

　　? Total billed charges are expected to increase by 15% per year.

　　? All services for the three procedures are expected to be delivered through WHP.

　　(a) Calculate whether the arrangement for 2006 will produce savings over the current

　　reimbursement. Show your work.

　　(b) Discuss other methods WHP can employ to reduce ancillary costs.

　　COURSE 8: Fall 2005 - 21 - GO TO NEXT PAGE

　　Managed Care Segment

　　20. (6 points) Wrinkle-Be-Gone Cosmetics (WBGC), a large employer group has

　　approached your Prescription Benefit Manager (PBM) to quote their self-funded retiree

　　drug plan. You were given their current and proposed benefit plans.

　　Benefit Percentage

　　Claims Cost Current Plan New Plan

　　$0 - $3,000 75% 75%

　　$3,001-$5,000 50% 0%

　　$5,001-$7,500 50% 50%

　　$7,501-$10,000 0% 90%

　　$10,001 + 0% 90%

　　? The plan is a closed formulary drug plan

　　? Administration fees are targeted to be $1.50 PMPM

　　All claim costs indicated below are billed charges net of discounts, but before member

　　cost sharing.

　　Annual Rx

　　Costs

　　Members Avg no. of

　　scripts

　　Annual cost

　　per member

　　Percent

　　Generic

　　Percent

　　Brand

　　$0 - $3,000 2,220 12.5 $615 80% 20%

　　$3,001-$5,000 925 44 $3,216 65% 35%

　　$5,001-$7,500 370 68 $6,018 30% 70%

　　$7,501-$10,000 111 84 $8,127 10% 90%

　　$10,001 + 74 110 $12,375 0% 100%

　　WBGC will remain self-insured and proposes to pay no administrative fees to the PBM,

　　but the PBM will retain rebates as their fee. Assume that all members in the group have

　　at least one script per year. Rebates are paid to the PBM for brand drugs only at a rate of

　　$1.20 per script.

　　(a) (1 point) Describe the effects of benefit maximums and their advantages and

　　disadvantages as part of a prescription drug plan design.

　　(b) (3 points) Calculate the difference in expected costs to WBGC under the current

　　and proposed plan designs. Show your work.

　　(c) (2 points) Calculate the projected rebates under the proposed plan design to

　　determine if the proposal meets the targeted administrative fee. Show your work.

　　COURSE 8: Fall 2005 - 22 - STOP

　　Managed Care Segment

　　21. (3 points)

　　(a) Describe the steps needed to develop a clinical pathway for an inpatient episode.

　　(b) Describe alternative formats used for information displays of clinical pathways

　　and the advantages and disadvantages of each.
　　盛年不重来，一日难再晨，及时当勉励，岁月不待人。——高顿网校心灵鸡汤

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