历年【SOA精算师考试】真题November2004Course5（第5块），奉送给全国的精算师考生们，真心希望能帮助到所有的北美区的学员们！
　　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
　　高顿网校之名人心得：每一个人都应该有这样的信心：人所能负的责任，我必能负；人所不能负的责任，我亦能负。如此，你才能磨炼自己，求得更高的知识而进入更高的境界。——林肯