Aggregate attachment point definition
Aggregate attachment point means the percentage of expected claims in a policy year above which the medical stop–loss insurer assumes all or part of the liability for losses incurred by the insured.
Aggregate attachment point means the total amount of
Aggregate attachment point means the dollar amount of covered claims incurred by a small employer plan beyond which the stop-loss insurer incurs liability for losses incurred by the small employer plan, subject to limitations included in the contract.
More Definitions of Aggregate attachment point
Aggregate attachment point means the percentage of expected claims
Aggregate attachment point. ’ means the dollar amount per plan beyond which the carrier issuing the policy assumes some or all of the plan’s liability for payment of covered services or benefits.
Aggregate attachment point means the amount of health
Aggregate attachment point means the dollar amount above which Aggregate Stop-Loss Coverage will apply. The Aggregate Attachment Point is the product of (a) the average number of Coverage Units per month for the Policy Period, (b) the expected Claims per Coverage Unit for the Policy Period and (c) the attachment point percentage listed in Item A of the Exhibit to this Policy provided, however, that the Aggregate Attachment Point shall never be less than the Minimum Aggregate Attachment Point specified in Item A.4. of the Exhibit.