Actuarial Outpost
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA > Modules 6-8
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

DW Simpson International Actuarial Jobs
Canada  Asia  Australia  Bermuda  Latin America  Europe

Thread Tools Search this Thread Display Modes
Old 11-18-2009, 01:02 PM
Runner-JRBS's Avatar
Runner-JRBS Runner-JRBS is offline
Join Date: May 2009
Location: Minneapolis
Studying for DP-RU
College: Oberlin - Alumni
Favorite beer: rather have a manhattan
Posts: 228

Originally Posted by BadBeatMe View Post
I agree that the count is in member-months but I disagree about credibility. The assignment specifically tells us that the experience is credible so I take that to mean that we should assume 100% credibility.
Valid point. My argument was to balance recent experience with the management and subject matter expertise that went into setting the ratings last year. Because of the disparity in some of the rating factors, I didn't want to fully use all the recent experience because it would significantly shift pricing parameters.
EA2A EA2B Mod1 Mod2 Mod3 DP-RU CSP-RU

"I'm not underemployed, I'm a consultant."
Reply With Quote
Old 06-13-2010, 02:52 PM
Atropellador's Avatar
Atropellador Atropellador is offline
Join Date: May 2008
Posts: 7,034

About Task 6A,

Under the experience data, are "Clms" the billed amounts or the paid amounts after cost sharing?

If they're billed amounts, then comparing the "Base PMPM" to the overall experienced PMPM seems like comparing apples to oranges, since one amount reflects cost sharing while the other does not (in addition to any differences in demographic mix).

Last edited by Atropellador; 06-13-2010 at 05:57 PM.. Reason: Removed some text after I realized my own mistake
Reply With Quote
Old 06-13-2010, 03:55 PM
Atropellador's Avatar
Atropellador Atropellador is offline
Join Date: May 2008
Posts: 7,034

One other thing:

I don't see any task that asks us to determine whether Petwell gained or lost money in its first year, and to identify the source of the gain or loss.

Do you agree? If not, do you believe we have the requisite data with which to perform such an analysis?
Reply With Quote

final assessment, task 6

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -4. The time now is 01:00 AM.

Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.14188 seconds with 9 queries