Fixed Costs. Funding Rates are based on a structure that includes Employee Only; Employee plus One Dependent; and Family (Employee plus two or more dependents). Expected Claim Liability is determined by the stop loss carrier and/or Third Party Administrator (TPA) for the Contract Period, and/or actuary for the health care consultant. Actual Costs = Paid Claims + Fixed Costs – Prescription Drug Rebates Fixed Costs = Administrative Costs + Stop Loss Premiums Funding Level/Rates Calculations Reserve HCAC Target Reserve Policy
Appears in 13 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Fixed Costs. Funding Rates are based on a structure that includes Employee Only; Employee plus One Dependent; and Family (Employee plus two (2) or more dependents). Expected Claim Liability is determined by the stop loss carrier and/or Third Party Administrator (TPA) for the Contract Period, and/or actuary for the health care consultant. Actual Costs = Paid Claims + Fixed Costs – Prescription Drug Rebates Fixed Costs = Administrative Costs + Stop Loss Premiums Funding Level/Rates Calculations Reserve HCAC Target Reserve Policy
Appears in 1 contract
Samples: Collective Bargaining Agreement
Fixed Costs. Funding Rates are based on a structure that includes Employee Only; Employee plus + One Dependent; and Family (Employee plus + two or more dependents). Expected Claim Liability is determined by the stop loss carrier and/or Third Party Administrator (TPA) for the Contract Period, and/or actuary for the health care consultant. Actual Costs = Paid Claims + Fixed Costs – Prescription Drug Rebates Fixed Costs = Administrative Costs + Stop Loss Premiums Funding Level/Rates Calculations Reserve HCAC Target Reserve PolicyCalculations
Appears in 1 contract
Samples: Collective Bargaining Agreement