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北美精算师SOA真题Course8M（一）——2004年11月份的考试

来源：高顿网校 2014-08-08

　　北美精算师SOA真题Course8M（一）——2004年11月份的考试，这是高顿网校美女小编呼唤全国的准北美精算师们来温习。
　　Health, Group Life & Managed Care

　　Morning Session

　　**BEGINNING OF EXAMINATION**

　　HEALTH, GROUP LIFE & MANAGED CARE

　　MORNING SESSION

　　1. (4 points) You are an actuary for a reinsurance company. A business school professor at

　　a local university has invited you to be a guest lecturer on the topic, “Reinsurance

　　Program Management.”

　　Outline and describe the contents of your presentation, with respect to:

　　i. information a reinsurance company should seek in order to decide whether to

　　offer reinsurance to a customer

　　ii. practices a reinsurer should follow to maintain a profitable reinsurance portfolio.

　　2. (5 points) You have been asked by your local Chamber of Commerce to speak on the

　　topic of patient-directed healthcare benefit programs (PDHBs).

　　(a) Describe key features of the principal types of PDHBs.

　　(b) Contrast variations between types of PDHBs with respect to:

　　i. extent to which consumers perceive money spent as their own when

　　making healthcare cost and value judgments,

　　ii. consumer flexibility in directing the use of employer-provided and

　　personal healthcare funds,

　　iii. extent of employer involvement in plan design and administration.

　　(c) Identify possible changes in the U.S. tax rules that could encourage the use of

　　PDHBs.

　　COURSE 8: Fall 2004 - 2 - GO TO NEXT PAGE

　　Health, Group Life & Managed Care

　　Morning Session

　　Questions 3 – 6 pertain to the Case Study

　　3. (8 points) You are the pric ing actuary for Wonderful Life and have been asked by the

　　underwriter assigned to Group 6 to help her prepare for a meeting with the group’s CFO.

　　In addition to Tables MM-2b and MM-3b, you have been given the following

　　information:

　　Prior Rating Period Data: Experience period July 1, 2001 through June 30, 2002

　　Group 6 Composite Age/Sex Factor

　　Option 1 1.03

　　Option 2 0.85

　　(a) Describe macro-economic variables that may affect health care trend rates.

　　(b) Describe other trend components that may cause trends to vary.

　　(c) Discuss the relationship of historical trends and rating trend assumptions.

　　(d) Calculate the total percentage increase in Group 6’s claims cost per employee and

　　calculate components of their claims trend for which sufficient data are available.

　　COURSE 8: Fall 2004 - 3 - GO TO NEXT PAGE

　　Health, Group Life & Managed Care

　　Morning Session

　　Questions 3 – 6 pertain to the Case Study

　　4. (6 points) You are an underwriter for Wonderful Life preparing a proposal for Bailey

　　Industries to replace their current dental plan with a managed dental care plan.

　　Bailey Industries goals are as follows:

　　? limit complexity

　　? avoid adverse selection

　　? avoid employee dissatisfaction due to provider disruption

　　? maintain current employer contributions and plan design

　　(a) Describe the features for each of the general types of dental benefit delivery

　　systems.

　　(b) Develop a chart ranking the plan types along the following parameters: premium,

　　patient access, benefit richness, cost management, utilization, quality assurance,

　　and fraud potential.

　　(c) Evaluate the possible delivery systems based on Bailey Industries goals and make

　　a recommendation as to a delivery system. Justify your response.

　　COURSE 8: Fall 2004 - 4 - GO TO NEXT PAGE

　　Health, Group Life & Managed Care

　　Morning Session

　　Questions 3 – 6 pertain to the Case Study

　　5. (9 points) You are an underwriter with Wonderful Life preparing the renewal for

　　Group 4.

　　Assume that the retrospective formula balance in Table MM-3a is as of the end of the

　　experience period and that pricing factors as shown in Table MM-2a and MM-2b have

　　not changed.

　　(a) Calculate Group 4’s projected retrospective formula balance as of December 31,

　　2003 using the same assumptions as would be used for rating. Show your work.

　　(b) Calculate the EE only and EE and Dependents monthly renewal premiums for

　　2004. Show your work.

　　(c) Discuss the pros and cons of various funding arrangements, both from an

　　employer’s point of view and specifically for Group 4,

　　i. prospective experience rating,

　　ii. retrospective experience rating,

　　iii. self- insurance, and

　　iv. minimum premium plans.

　　6. (5 points) You are evaluating Wonderful Life’s reserves using Non-Hospital claims paid

　　in Tables MM-4c and MM-4d. Assume that the July 2002 completion pattern is

　　representative of all months.

　　(a) Calculate the incurred claims for incurred months July 2003 through December

　　2003 using age-ultimate development factors. Show your work.

　　(b) Calculate the IBNR as of December 31, 2003 for incurred months July 2003

　　through December 2003. Show your work.

　　(c) Recommend adjustments to this approach which might produce reasonable IBNR

　　results.

　　COURSE 8: Fall 2004 - 5 - GO TO NEXT PAGE

　　Health, Group Life & Managed Care

　　Morning Session

　　7. (7 points) You are the health actuary reviewing the pricing assumptions and the first

　　three years of experience for a given product. The following information is given:

　　Classical Pricing Assumptions

　　Product Duration: 5 Years

　　interest rates: 0.0%

　　annual lapse rate: 20.0%

　　target loss ratio: 60.0%

　　tabular claims cost

　　Duration Tabular Claims Cost Selection Adjustment

　　0 10.0 .05

　　1 11.0 1.1

　　2 12.0 1.1

　　3 13.0 1.1

　　4 14.0 1.1

　　Experience Data

　　Duration Mbrs Actual Claims

　　0 1,000 6,000

　　1 770 10,000

　　2 650 11,000

　　3 500 -

　　4 350 -

　　Cumulative Antiselection Theory Assumptions

　　K1 = -

　　K2 = 4

　　u 0.10

　　(a) (1 point) Describe how CAST differs from classical (select and ultimate) theory.

　　(b) (2 points) Calculate the gross premium using the classical pricing assumptions.

　　Show your work

　　(c) (4 points) Calculate the gross premium using CAST assumptions. Show your

　　work.

　　COURSE 8: Fall 2004 - 6 - GO TO NEXT PAGE

　　Health, Group Life & Managed Care

　　Morning Session
　　一个有坚强心志的人，财产可以被人掠夺，勇气却不会被人剥夺的。——高顿网校短句汇编

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