state v private WC coverage

Battlecard 24 v 43 seem somewhat contradictory. On card 24 it states that state WC pricing has no subsidies (actuarially sound rates used) whereas card 43 says one of the advantages of private WC coverage vs state govt is that private markets are actuarially sound (less cross-subsidization between low and high risks). Which one is it?

Comments

  • I paraphrased the answers from the examiner's reports for the 2 exam questions those BattleCards were based on and I did not notice the CAS answers were contradictory. I deleted the third answer for BattleCard 43 to resolve this. The actual exam question only asked for 2 advantages anyway. You can refer to the examiner's report to see more potential answers.

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