Common use of Reserve Formula Clause in Contracts

Reserve Formula. The Reserve should be 17% of projected annual claims with a built in margin of ±25%. This margin will provide a safeguard against the reserve becoming too small or large depending on actual claims experience, shifts in enrollment, and inflationary trends.

Appears in 8 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Reserve Formula. The Reserve should be 17% of projected annual claims with a built built-in margin of ±25%. This margin will provide a safeguard against the reserve becoming too small or large depending on actual claims experience, shifts in enrollment, and inflationary trends.

Appears in 2 contracts

Samples: Membership Agreement, Membership Agreement

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