Blended average definition
Blended average means that the amount charged for some plans may increase by more than ten percent (10%) and the amount charged for others may increase by less than ten percent (10%) in the same year.) The PPO plan premiums will be subject to annual increases, beginning in 2022, of no greater than 15% from the prior year premiums, which increase is calculated separate and apart from the “blended average” applicable to the EPO and the HRA/HSA plans. In addition, Nurses will be subject to the Hospital's working spouse surcharge for employees whose spouses decline qualifying coverage from their employers.
Examples of Blended average in a sentence
Blended average of the industry standard core inpatient hospital standards plus central line blood stream infections, based on data pertaining to a trailing 12-month period, with each inpatient core measure receiving equal weight.
Score Blended average of four patient satisfaction scores (Recommend the Hospital; Communication with Nurses; Communication with Doctors; Responsiveness of Hospital Staff), based on data pertaining to a trailing 12-month period, with each patient satisfaction score receiving a 25% weight.