According to SOA Exam from Fall 2014,
Question 11c
Plan Participation decreases can reduce total costs.
It also says in the mate notecards something about contribution % being inverse to participation
Then my question is "why is minimum participation requirements also listed as a way to reduce cost? " very confused on this
Question 11c
Plan Participation decreases can reduce total costs.
It also says in the mate notecards something about contribution % being inverse to participation
Then my question is "why is minimum participation requirements also listed as a way to reduce cost? " very confused on this
Insurer Cost impact from higher plan participation %
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