Anticipated loss ratio definition
Anticipated loss ratio means the ratio of the present value of
Anticipated loss ratio means the ratio of the present value of the future benefits payments, including claim offsets after the point of sale, to the present value of the future premiums of a policy form over the entire period for which rates are computed to provide health insurance coverage.
Anticipated loss ratio means the ratio of the present value of the expected benefits, not including dividends, to the present value of the expected premiums, not reduced by dividends, over the entire period for which rates are computed to provide coverage. For purposes of this ratio, the present values must incorporate realistic rates of interest which are determined before federal taxes but after investment expenses.
More Definitions of Anticipated loss ratio
Anticipated loss ratio means the "projected incurred claims" divided by the "projected earned premium."
Anticipated loss ratio means the ratio of the present value of the future benefits payments to the present value of the future premiums of a policy form over the entire period for which rates are computed to provide health insurance coverage.[PL 2019, c. 469, §8 (NEW); PL 2019, c. 469,
Anticipated loss ratio means a comparison of earned premiums to losses
Anticipated loss ratio means the ratio of all anticipated claims or costs for the delivery of covered health care services including incurred but not reported claims and costs and medical management costs to premium minus any applicable taxes.
Anticipated loss ratio means the ratio at the time of policy filing, or at a time of subsequent rate revisions, of the present value of all expected future benefits, excluding dividends, to the present value of all future premiums, less dividends, based on a credible premium volume over a reasonable period of time with proper weight given to trends and other relevant factors. Statistical data relating to expected future benefits shall be obtained from policies of insurance sold or to be sold in this state when available.