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
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