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Group & Health Core Exam Old Group & Health Design & Pricing Forum

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Old 09-15-2018, 09:34 PM
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Default Fall 2013 #8

The last step adds a 25% load where it clearly states the value should be 20% (admin and profit load). Yes there is a 5% Industry load but that was already applied further up. What am I missing?

ETA: I see this now in a bunch of other places, the "retention of x" is always 1/(1-x) i.e. its going to be x% of the final gross premium.
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Old 09-16-2018, 01:11 AM
PersevY PersevY is offline
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yes, it is calculated based on 20% retention: 658.09/0.8=822.61, same for the monthly premium.
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Old 09-16-2018, 02:31 PM
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Same thing, said slightly differently: A load = 20% of gross premium is 25% of net premium.

BTW, links to your personal C: drive don't work for people on other computers.

Last edited by Gandalf; 09-16-2018 at 05:33 PM..
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Old 09-17-2018, 12:40 PM
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Quote:
Originally Posted by Gandalf View Post
Same thing, said slightly differently: A load = 20% of gross premium is 25% of net premium.

BTW, links to your personal C: drive don't work for people on other computers.
New computer and I can't for the life of me figure out why it is doing that or how to fix it; I gave up deleted the link.
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