北美精算師SOA歷年真題:November2004Course5
發布時間：2014-02-26 共8頁
21. Each of questions 21 through 26 consist of an assertion in the left-hand column and a
reason in the right-hand column. Code your answer to each question by blackening
space:
(A) If both the assertion and the reason are true statements, and the reason is a correct
explanation of the assertion.
(B) If both the assertion and the reason are true statements, but the reason is NOT a
correct explanation of the assertion.
(C) If the assertion is a true statement, but the reason is a false statement.
(D) If the assertion is a false statement, but the reason is a true statement.
(E) If both the assertion and the reason are false statements.
21.
ASSERTION
In a medical plan using a
capitation model, the provider
assumes more insurance risk than
the insurer.
BECAUSE
REASON
In a capitation model, the insurer
subcontracts with a provider to
perform a defined range of
services in return for fee schedule
reimbursement for each service
rendered.
22.
ASSERTION
After an insurer reimburses a
policyholder for losses under a
homeowner policy, the insurer
can sue a third party for
negligence and keep the total
proceeds of the settlement.
BECAUSE
REASON
A subrogation clause exists in
every homeowner’s policy.
COURSE 5: Fall 2004 - 27 - GO ON TO NEXT PAGE
Morning Session
23.
ASSERTION
Regulation of reinsurance is
primarily concerned with
solvency.
BECAUSE
REASON
Reinsurance contracts are
generally subject to regulatory
approval.
24.
ASSERTION
Under a generational annuity
mortality table, the mortality rate
at age 50 for an individual
currently age 40 is less than that
for an individual currently age
30.
BECAUSE
REASON
A generational annuity mortality
table assumes mortality rates will
be subject to continuous
improvement.
25.
ASSERTION
In the early years of an old age
security system, pay-as-you-go
funding will be more expensive
than a fully funded plan.
BECAUSE
REASON
In a fully funded old age security
system, investment earnings help
pay for future benefits.
26.
ASSERTION
A group insurance retrospective
premium rider will create a due
and unpaid premium on the
financial statement if experience
is worse than expected.
BECAUSE
REASON
Under a group insurance
retrospective premium rider, a
policyholder agrees to remit an
additional premium based on a
monthly review of the previous
month’s paid claims.
COURSE 5: Fall 2004 - 28 - GO ON TO NEXT PAGE
Morning Session
