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- Exam Code: 2016-FRR
- Exam Name: Financial Risk and Regulation (FRR) Series
- Version: V12.35
- Q & A: 70 Questions and Answers
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Answer: D
NEW QUESTION: 2
In evaluating the claims experience during a given rating period of the Lucky Company, the Calaway Health Plan determined that the claims incurred by Lucky were lower than Calaway anticipated when it established Lucky's premium rate for the rating period. Calaway, therefore,refunded a portion of Lucky's premium to reflect the better-thananticipated claims experience. This rating method is known as:
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B. prospective experience rating
C. blended rating
D. durational rating
Answer: A
NEW QUESTION: 3
A. Option B
B. Option A
C. Option D
D. Option C
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