Common use of Premium Calculations Clause in Contracts

Premium Calculations. For Kaiser Plans, the premium charges shall be the amount charged by Kaiser to the County. For the Moda plans, the premium charges shall be calculated, using sound actuarial principles, and include projected claim costs based on plan experience as required by state regulations, IBNR expenses, federal and State Insurance assessments, pharmaceutical claim expenses, stop-loss premiums, third- party benefit plan administration costs, and an appropriate trend factor selected to limit County contributions and employee cost shares while providing adequate funding for plan operations.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

Premium Calculations. 19 For Kaiser Plans, the premium charges shall be the amount charged by 20 Kaiser to the County. For the Moda plansMODA plan, the premium charges shall be calculated, 21 using sound actuarial principles, and include projected claim costs based on plan 22 experience as required by state regulations, IBNR expenses, federal and State Insurance or Oregon Pool 23 assessments, pharmaceutical claim expenses, stop-loss premiums, third- third-party benefit 24 plan administration costs, and an appropriate trend factor selected to limit County 25 contributions and employee cost shares while providing adequate funding for plan 26 operations.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Premium Calculations. 12 For Kaiser Plans, the premium charges shall be the amount charged by 13 Kaiser to the County. For the Moda plans, the premium charges shall be calculated, using 14 sound actuarial principles, and include projected claim costs based on plan experience 15 as required by state regulations, IBNR expenses, federal and State state Insurance Pool 16 assessments, pharmaceutical claim expenses, stop-loss premiums, third- third-party benefit 17 plan administration costs, and an appropriate trend factor selected to limit County 18 contributions and employee cost shares while providing adequate funding for plan 19 operations.

Appears in 1 contract

Samples: Labor Agreement

Premium Calculations. 11 For Kaiser Plans, the premium charges shall be the amount charged by 12 Kaiser to the County. For the Moda plans, the premium charges shall be calculated, using 13 sound actuarial principles, and include projected claim costs based on plan experience 14 as required by state regulations, IBNR expenses, federal and State state Insurance Pool 15 assessments, pharmaceutical claim expenses, stop-loss premiums, third- third-party benefit 16 plan administration costs, and an appropriate trend factor selected to limit County 17 contributions and employee cost shares while providing adequate funding for plan 18 operations.

Appears in 1 contract

Samples: Labor Agreement

AutoNDA by SimpleDocs

Premium Calculations. 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, using 6 sound actuarial principles, and include projected claim costs based on plan experience as 7 required by state regulations, IBNR expenses, federal and State state Insurance Pool assessments, 8 pharmaceutical claim expenses, stop-loss premiums, third- third-party benefit plan administration 9 costs, and an appropriate trend factor selected to limit County contributions and employee cost 10 shares while providing adequate funding for plan operations.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!