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  #101  
Old 10-24-2019, 07:42 PM
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For ****s sake I would have passed spring 2018 but would have totally 100% failed fall 2018
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  #102  
Old 10-25-2019, 10:49 AM
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For ****s sake I would have passed spring 2018 but would have totally 100% failed fall 2018
I got 5's on both of them. Really hoping I can get those few extra points this time to pass.

ETA: I thought you said Spring 2019. I didn't sit for Spring 2018, my bad.
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I would really hate to bring Pokémon to a gun fight.

Last edited by BruteForce; 10-25-2019 at 12:07 PM..
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  #103  
Old 10-25-2019, 12:05 PM
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It's kind of catching me off guard that the 3 hour portion of this exam is Provider Reimbursement/Underwriting whereas the 2 hour sitting is Reserving/Actuarial Appraisal. As I continue to go through everything this feels like it would be switched. Does anyone else feel this way or am I strongly underestimating the amount of material in Provider Reimbursement/Underwriting?
I'd like to retract this statement.
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  #104  
Old 10-25-2019, 12:33 PM
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Idk, I feel like the SoA could easily destroy us with a question requiring a thorough understanding of EV (beyond just applying formulas)

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I got 5's on both of them. Really hoping I can get those few extra points this time to pass.

ETA: I thought you said Spring 2019. I didn't sit for Spring 2018, my bad.
Third time 's a charm
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  #105  
Old 10-25-2019, 12:34 PM
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Third time 's a charm
I'll drink to that!
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I would really hate to bring Pokémon to a gun fight.
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  #106  
Old 10-25-2019, 12:49 PM
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when doing a experience rating calc, do you apply the pooling charges before or after you credibility weight?

say your experience is 50% credible. do you add the full pooling charge to the credibility weighted PMPM or just 50% of it?

I found an exam question on this, but its from 12 years ago. there is shows you count the full pooling charge after weighting credibility.
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  #107  
Old 10-25-2019, 12:52 PM
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when doing a experience rating calc, do you apply the pooling charges before or after you credibility weight?

say your experience is 50% credible. do you add the full pooling charge to the credibility weighted PMPM or just 50% of it?

I found an exam question on this, but its from 12 years ago. there is shows you count the full pooling charge after weighting credibility.
I think it depends if the pooling charge is included in the manual rates
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  #108  
Old 10-25-2019, 01:03 PM
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I think it depends if the pooling charge is included in the manual rates
good point, just a matter of not double counting.

Could be a case where you write in 'assuming pooling charge is included (or not included) in manual rates' and then go from there.
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  #109  
Old 10-25-2019, 03:04 PM
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Man the whole concept of embedded value is really bothering me and I can't seem to find anything on youtube
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  #110  
Old 10-25-2019, 05:07 PM
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As per flashcard #102:

1. EV = PV(after tax profits) + cost of capital
2. Cost of Capital = PV(Future tied capital releases - increases) + PV(after-tax investment income earned on tied capital) - tied capital

How is this equal in any shape or form to EV = ANW + IBV = FS + RC + PVBP - PVCoC = FS + RC + sum(Surplus(t) - Surplus(t-1)*(1+i) - RC(t-1)*(RDR-i))

I am bad tripping big time
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