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knew hw 2-1

Expert replies
by pradeepkaushal9518 » Fri Oct 15, 2010 12:44 am
The Silvan Insurance Company is considering issuing a new policy to cover medications specifically required by people with Type 1 Diabetes who suffer from diseases associated with Type 1 Diabetes. The cost of the policy must be low enough to make it affordable for the majority of Type 1 Diabetes sufferers. Therefore, the Silvan Company is concerned that the income from the policies would be inadequate to cover the cost of claims.

Which of the following strategies would be most likely to minimize the Silvan Company's losses on the policies?

A
Attracting Type 1 Diabetes patients who monitor their diets and are thus unlikely to suffer from diseases associated with Type 1 Diabetes.
B
Insuring only those individuals who have not suffered from any Type 1-related diseases since their diabetes onsets.
C
Covering more medications under the policy than are covered under other, less expensive policies.
D
Insuring only those individuals who were rejected by other companies for similar policies.
E
Insuring only those individuals who are wealthy enough to pay for the medications.
A SMALL TOWN GUY
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Source: — Critical Reasoning |

by neerajkumar1_1 » Fri Oct 15, 2010 1:05 am
IMO: A

if people are unlikely to suffer... so they will not file for bills... and company will not lose money...
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by mundasingh123 » Fri Oct 15, 2010 5:48 am
First exclusive question that i got right today since morning , provided A is the OA
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by pesfunk » Thu Nov 25, 2010 4:10 pm
Haha...i understand your feeling...
mundasingh123 wrote:First exclusive question that i got right today since morning , provided A is the OA
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by rishab1988 » Thu Nov 25, 2010 4:58 pm
Answer must be A. I can tell you with closed eyes that this question is og rip off. I'd rather practice Mgmat cr or LSAT cr once I have finished og. Doing reworded question, no matter how many, does you no good.

According to me you will never learn how to solve cr questions if you keep solving those reworded question.you gotta tax your brain to develop critical thinking skills.
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