Common use of ACTUARIAL REQUIREMENTS Clause in Contracts

ACTUARIAL REQUIREMENTS. 1. For the purpose of determining future premiums, the loss experience of this contract shall be based exclusively on the results of the cost of health care services provided to the beneficiaries covered under this contract. The INSURER shall maintain all the utilization and financial data related to this contract duly segregated from its regular accounting system including, but not limited to the General Ledger and the necessary Accounting Registers classified by the Area/Region subject to this contract.

Appears in 7 contracts

Samples: Preventive Services (Triple-S Management Corp), Health Insurance Contract (Triple-S Management Corp), Terms And (Triple-S Management Corp)

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