精算师（2004年11月北美考场）真题珍藏November2004Course8G（第五节课），考前步骤当然先把讲义看熟了，再去做章节练习巩固哦。
　　21. (6 points) You are the actuary for Company XYZ, a Canadian company implementing a
　　Health Care Expense Account (HCEA). XYZ currently has a modular flexible benefits
　　plan, with the following employee cost sharing:
　　Plan Description Module 1 Module 2
　　Annual Deductible $100 single
　　$200 family
　　$0
　　Medical (including Drugs,
　　Vision Care)
　　30% 10%
　　Dental – Basic
　　– Major and Ortho
　　20%
　　100%
　　0%
　　50%
　　Price Tag – Single
　　– Family
　　$300
　　$700
　　$600
　　$1,600
　　Each employee receives $1500 in credits. Excess credits can be taken as cash or
　　allocated to the HCEA.
　　In preparation for the upcoming enrollment, John Doe has estimated his eligible claims
　　for next year as follows:
　　?  Drugs: $300 for the spouse
　　?  Physiotherapy: $150 for the employee
　　?  Vision care: Eyeglasses of $300 for the spouse
　　?  Dental exam: $90 for each of the employee and the spouse
　　?  Dental bridgework: $900 for the spouse
　　John Doe’s marginal tax rate is 30%.
　　(a) (2 points) Describe the advantages and disadvantages to Company XYZ of
　　offering an HCEA to its employees.
　　(b) (1 point) Outline the legal requirements for setting up an HCEA.
　　(c) (3 points) Recommend the best choice for John Doe assuming he retains family
　　coverage. Show your work.
　　COURSE 8: Fall 2004 - 18 - STOP
　　Health and Group Life Segment
　　Afternoon Session
　　22. (3 points) You are the product development manager in charge of a direct marketing
　　initiative for a new special accident product. The basic product benefits will include
　　proceeds payable upon death or hospital confinement, as well as coverage for emergency
　　medical treatment. You have test marketed eight variations of the product with the
　　following response rates:
　　Test Product
　　Benefit Level
　　(High/Low)
　　Market at
　　Worksite
　　(Yes/No)
　　Include Waiver
　　of Premium
　　(Yes/No) Response Rate
　　1 High Yes Yes 1.2%
　　2 High Yes No 1.0%
　　3 High No Yes 0.9%
　　4 High No No 0.9%
　　5 Low Yes Yes 1.2%
　　6 Low Yes No 1.1%
　　7 Low No Yes 0.9%
　　8 Low No No 0.7%
　　You are also provided the following additional information for Test Product 2:
　　Annual Gross Premium per policy = $30
　　Solicitation cost per policy = $0.30
　　Annuity Factor = 2.5
　　Target loss ratio = 50% of premium
　　Expenses = 15% of premium
　　(a) Calculate the impact worksite marketing has on the overall response rate. Show
　　your work.
　　(b) Calculate the required response rate to meet a target profit of 15% of premium for
　　Test Product 2. Show your work.
　　(c) Outline your response to concerns that the special accident policy is not suited to
　　a direct marketing approach.
　　和你一同笑过的人，你可能把他忘掉；但是一同和你哭过的人，你却永远不忘。——高顿网校名人感触