Common use of Premium Calculations Clause in Contracts

Premium Calculations. 4 For Kaiser Plans, the premium charges shall be the amount charged by 5 Kaiser to the County. For the Moda plans, the premium charges shall be calculated, 6 using sound actuarial principles, and include projected claim costs based on plan 7 experience as required by state regulations, IBNR expenses, Oregon Medical 8 Insurance Pool or other state assessments, pharmaceutical claim expenses, stop- 11 providing adequate funding for plan operations. 12 If a government agency or other taxing authority imposes or increases a tax or 13 other charge upon the County’s Medical and/or Dental benefit plan(s) or any activity 14 of the plan(s), the County may increase the appropriate premium(s) to include the 15 new or increased tax or charge.

Premium Calculations. 4 For Kaiser Plans, the premium charges shall be the amount charged by 5 Kaiser to the County. For the Moda ODS plans, the premium charges shall be calculated, 6 using sound actuarial principles, and include projected claim costs based on plan 7 experience as required by state regulations, IBNR expenses, Oregon Medical 8 Insurance Pool or other state assessments, pharmaceutical claim expenses, stop- stop-loss premiums, 11 providing adequate funding for plan operations. 12 If a government agency or other taxing authority imposes or increases a tax or 13 other charge upon the County’s Medical and/or Dental benefit plan(s) or any activity 14 of the plan(s), the County may increase the appropriate premium(s) to include the 15 new or increased tax or charge.

Premium Calculations. 4 For Kaiser Plans, the premium charges shall be the amount charged by 5 Kaiser to the County. For the Moda plans, the premium charges shall be calculated, 6 using sound actuarial principles, and include projected claim costs based on plan 7 experience as required by state regulations, IBNR expenses, Oregon Medical 8 Insurance Pool or other state assessments, pharmaceutical claim expenses, stop- 11 providing adequate funding for plan operations. 12 If a government agency or other taxing authority imposes or increases a 13 tax or 13 other charge upon the County’s Medical and/or Dental benefit plan(s) or any 14 activity 14 of the plan(s), the County may increase the appropriate premium(s) to include 15 the 15 new or increased tax or charge.