AHIP Exam AHM-520 Topic 2 Question 98 Discussion

Actual exam question for AHIP's AHM-520 exam

Question #: 98
Topic #: 2

The following statements are about rate ratios used by health plans. Select the answer choice containing the correct statement:

AWhile rate ratios consider family size, they are most often based on competitive factors, such as the ratios being used by competitors and the ratios that plan sponsors are requesting.

BIf the rate ratio for a couple rate category is 2.0, then the single premium is divided by 2.0 to derive the couple rate category premium.

CA rate ratio can only be increased if the health plan has obtained regulatory approval.

DThe effect of a typical family rate ratio is that a family rate is somewhat higher than it otherwise should be, and the single rate is somewhat lower that it otherwise should be.

Show Suggested Answer

Suggested Answer: A

by Gearldine at Sep 17, 2024, 08:15 AM

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Letha

2 months ago

D all the way! Family rates higher, single rates lower - that's how they keep us all on our toes, am I right?

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Ashley

23 days ago

D) The effect of a typical family rate ratio is that a family rate is somewhat higher than it otherwise should be, and the single rate is somewhat lower that it otherwise should be.

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Keneth

1 months ago

B) If the rate ratio for a couple rate category is 2.0, then the single premium is divided by 2.0 to derive the couple rate category premium.

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Gwenn

1 months ago

A) While rate ratios consider family size, they are most often based on competitive factors, such as the ratios being used by competitors and the ratios that plan sponsors are requesting.

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Eliseo

2 months ago

I'm going to go with C. Gotta love those pesky regulatory approvals! It's like the health plans need permission to do anything.

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Hmm, I'm torn between B and D. If the rate ratio for a couple is 2.0, does that mean you divide the single premium by 2.0? Or is it the family rate that's higher and the single rate that's lower? This is tricky!

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Melissa

1 months ago

D) The effect of a typical family rate ratio is that a family rate is somewhat higher than it otherwise should be, and the single rate is somewhat lower that it otherwise should be.

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Caprice

1 months ago

Hmm, I think B is correct. You divide the single premium by the rate ratio for the couple category.

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Annalee

2 months ago

B) If the rate ratio for a couple rate category is 2.0, then the single premium is divided by 2.0 to derive the couple rate category premium.

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Jaclyn

2 months ago

A) While rate ratios consider family size, they are most often based on competitive factors, such as the ratios being used by competitors and the ratios that plan sponsors are requesting.

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Helaine

2 months ago

I'm not sure, but I think A could also be correct since rate ratios are influenced by competitive factors.

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Lettie

2 months ago

I agree with Yong, because a family rate ratio should balance out the single rate.

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Joana

2 months ago

I'm pretty sure the answer is D. The effect of a typical family rate ratio is that a family rate is somewhat higher than it otherwise should be, and the single rate is somewhat lower that it otherwise should be.

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Kathryn

2 months ago

D) The effect of a typical family rate ratio is that a family rate is somewhat higher than it otherwise should be, and the single rate is somewhat lower that it otherwise should be.

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Kanisha

2 months ago

B) If the rate ratio for a couple rate category is 2.0, then the single premium is divided by 2.0 to derive the couple rate category premium.

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Eliz

2 months ago

A) While rate ratios consider family size, they are most often based on competitive factors, such as the ratios being used by competitors and the ratios that plan sponsors are requesting.

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Francene

3 months ago

I think the correct answer is C. A rate ratio can only be increased if the health plan has obtained regulatory approval. That makes the most sense to me.

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Nu

1 months ago

D) The effect of a typical family rate ratio is that a family rate is somewhat higher than it otherwise should be, and the single rate is somewhat lower that it otherwise should be.

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Gilma

2 months ago

C) A rate ratio can only be increased if the health plan has obtained regulatory approval.

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Luz

2 months ago

B) If the rate ratio for a couple rate category is 2.0, then the single premium is divided by 2.0 to derive the couple rate category premium.

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Gilma

2 months ago

A) While rate ratios consider family size, they are most often based on competitive factors, such as the ratios being used by competitors and the ratios that plan sponsors are requesting.

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Yong

3 months ago

I think the correct statement is D.

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AHIP Exam AHM-520 Topic 2 Question 98 Discussion

Contribute your Thoughts:

Letha

Ashley

Keneth

Gwenn

Eliseo

Leanna

Melissa

Caprice

Annalee

Jaclyn

Helaine

Lettie

Joana

Kathryn

Kanisha

Eliz

Francene

Nu

Gilma

Luz

Gilma

Yong