Renewal Report. By May 1, 2025, and annually by May 1st thereafter if the Contract is renewed pursuant to section 3.1.2 of the Contract, the Contractor shall submit to the Department a renewal report prepared and signed by an actuary with a Fellow of the Society of Actuaries (FSA) designation, subject to the Department's approval, to validate premiums for the renewal term. The report shall include at least the following information:
Renewal Report. By December 1, 2016, and annually thereafter, the Vendor shall submit to the Department a rate renewal report, subject to the Department's approval, to establish premiums for the renewal term. The report shall include at least the following information: a.) Projection of incurred claim costs for renewal year, a description of the methodology used to project incurred claims costs and justification of the use of any data not specific to the State of Florida;
Renewal Report. The Service Provider shall provide a rate renewal report, which shall include at least the following information: ⬩ Projection of incurred claims costs for renewal year, a description of the methodology used to project incurred claims costs and justification of the use of any data not specific to the State of Florida; ⬩ Detailed description of the methodology used to estimate claims trend; ⬩ Estimate of XXXX at the end of current year, a detailed description of the methodology used to estimate XXXX, and up to the most recent 36 months of incurred/paid triangular claim reports for the State of Florida; ⬩ Disclosure of supporting data used in calculations, including enrollment, large claims analyses, trend analyses, demographic analyses, etc.; ⬩ Credit to the State's experience equal to the sum of all revenues received from other entities (e.g. third party liability and subrogation recoveries, etc.) as a result of the State's utilization.
Renewal Report. The Awarded Respondent shall provide a rate renewal report, which shall include at least the following information: • Projection of incurred claims costs for renewal year, a description of the methodology used to project incurred claims costs and justification of the use of any data not specific to the State; • Detailed description of the methodology used to estimate claims trend; • Disclosure of supporting data used in calculations, including enrollment, large claims analyses, trend analyses, demographic analyses, etc.; • Credit to the State's experience equal to the sum of all revenues received from other entities (e.g. third- party liability and subrogation recoveries, etc.) as a result of the State's utilization.
Renewal Report. The Awarded Respondent shall provide a rate renewal report, which shall include at least the following information:
Renewal Report. By December 1, 2018, and annually thereafter, Contractor shall submit to the Department a rate renewal report, subject to the Department's approval, to establish premiums for the renewal term. The report shall include at least the following information: projection of incurred claim costs for renewal year, a description of the methodology used to project incurred claims costs and justification of the use of any data not specific to the State of Florida; detailed description of the methodology used to estimate claims trend; disclosure of the targeted loss ratio used in the renewal calculation; disclosure of supporting data used in calculations, including enrollment, large claim analysis, trend analysis, demographic analysis, etc. Upon the Department's approval of the renewal report, an appropriate premium rate adjustment may be made via Contract amendment. Without the Department's approval, the premium rates shall not exceed those specified in Contactor’s financial Reply.
Renewal Report. Encore shall prepare and deliver to HDI, on a monthly basis, a list of Members, and Customer Information related thereto, to the extent permissible under applicable law and regulation, for all Members mailed a Renewal Notice (“Renewal Report”) from the date of preparation of the immediately preceding Renewal Report.
Renewal Report n. By May 1, 2020, and annually by May 1 thereafter, Contractor shall submit to the Department a rate renewal report prepared and signed by an actuary with an FSA designation, subject to the Department's approval, to establish premiums for the renewal term. The report shall include at least the following information:
