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Medical trend definition

Medical trend means the medical component of the most current Consumer Price
Medical trend means the medical component of the most current Consumer Price Index (CPI) 12 month change as of the last month that the run-out is calculated.

Examples of Medical trend in a sentence

  • Medical trend factors are based on our Medical Economics Unit’s local trend and network experience, based on analysis of a continuous normalized population, excluding catastrophic claims.

  • Medical trend factors are based on our Medical Economics Unit’s national guidance coupled with local trend and network experience, based on analysis of a continuous normalized population, excluding catastrophic claims.

  • Medical trend factors are based on our Medical Economics Unit’s analysis of a continuous normalized population, excluding catastrophic claims.

  • Medical trend includes changes in unit costs of medical services or procedures, medical provider price changes, changes in utilization (other than due to advancing age), medical cost shifting, and new medical procedures and technology.

  • Medical trend is composed of three pieces: cost, utilization and intensity.

  • The actuarial assumptions included: a funding interest rate of 5.0%; a 2014 Medical trend rate, which reflects cost inflation expected to impact the plan based on the forecast in published papers industry experts (actuaries, health economists, etc.) of 7.0%; an ultimate trend rate, estimated to be reached in 2020, of 5.0%; dental trend rate of 5.0%; and that the remaining amortization period at December 31, 2016 is 30 years.

  • Level I Feedback & Resolution: Feedback and issues that arise during incidents on limited access highways which are not adequately addressed or resolved by these guidelines should be addressed at the local level.

  • Medical trend factors are based on our Medical Economics Unit’s Local trend and network experience, based on analysis of a continuous normalized population, excluding catastrophic claims.

  • Changes of assumptions and other inputs reflect the following:Discount rate Changed from 3.50% at June 30, 2019 to 2.21% at June 30, 2020 Mortality improvement Mortality improvement scale was updated to Scale MP-2020 Medical trend Decreased medical trend rate for Kaiser Senior Advantage plans Affordable Care Act (ACA) excise tax 2% load on cash liabilities for ACA excise tax was removed C.

  • The total OPEB liability was determined based upon a July 1, 2018 actuarial valuation using the following actuarial assumptions and other inputs, applied to all periods included in the measurement, unless otherwise specified: Actuarial cost method Entry Age Normal Discount rate 3.23%Inflation N/A Healthcare cost trend rates: Initial Medical trend rate 8.00%Ultimate medical trend rate 5.00%Year ultimate medical trend rate reached 2021 D.

Related to Medical trend

  • Medical Treatment means examination and treatment by a Legally Qualified Physician for a condition which first manifested itself, worsened or became acute or had symptoms which would have prompted a reasonable person to seek diagnosis, care or treatment.

  • Hospital treatment means treatment (including provision of goods and services) that is intended to manage a disease, injury or condition and is provided at a hospital or arranged with the direct involvement of a hospital.

  • Psychiatric residential treatment facility means a facility which

  • Medical cannabis pharmacy means the same as that term is defined in Section 26-61a-102.

  • Medical cannabis means the same as that term is defined in Section 26-61a-102.

  • Mechanical Treatment means the use of power saws, axes, or other approved tools to remove trees.

  • Medical history means information regarding any:

  • National Treatment NT shall not apply to any measure affecting the type of activities which may be conducted on land or the usage of land, including but not limited to, land zoning, land use and urban planning policies. Urban Redevelopment Authority Act, Chapter 340, 1985 Revised Edition

  • Behavioral health treatment means counseling and treatment programs, including applied behavior analysis, that are:

  • Medical Specialist means any medical practitioner who is vocationally registered by the Medical Council under the Health Practitioners Competence Assurance Act 2003 in one of the approved branches of medicine and who is employed in either that branch of medicine or in a similar capacity with minimal oversight.

  • Mental health treatment center means a treatment facility organized to provide care and treatment

  • General treatment means treatment (including provision of goods and services) that is intended to manage or prevent a disease, injury or condition and is not “hospital treatment”.

  • Opioid treatment program means a detoxification or maintenance treatment program which is required to report patient identifying information to the central registry and which is located in the state.

  • Outpatient treatment means mental health or substance abuse treatment services rendered to a

  • Thermal treatment means the treatment of hazardous waste in a device which uses elevated temperatures as the primary means to change the chemical, physical, or biological character or composition of the hazardous waste. Examples of thermal treatment processes are incineration, molten salt, pyrolysis, calcination, wet air oxidation, and microwave discharge. (See also “incinerator” and “open burning”.)

  • Drug therapy management means the review of a drug therapy regimen of a patient by one or more pharmacists for the purpose of evaluating and rendering advice to one or more practitioners regarding adjustment of the regimen.

  • Medical care means amounts paid for:

  • Qualified residential treatment program means a program that (i) provides 24-hour residential

  • Medical control means a person who provides medical supervision to an emergency medical service provider.

  • Medication-assisted treatment or "MAT" means the use of pharmacologic therapy, often in combination with counseling and behav- ioral therapies, for the treatment of substance use disorders.

  • Medical event means an improper administration of radiation or radioactive material to a patient or human research subject that requires reporting to the department.

  • Residential treatment means services at a facility that provides care 24 hours daily to one or more patients, including, but not limited to, the following services: room and board; medical, nursing and dietary services; patient diagnosis, assessment and treatment; individual, family and group counseling; and educational and support services, including a designated unit of a licensed health care facility providing any and all other services specified in this paragraph to patients with substance use disorder.[PL 2017, c. 407, Pt. A, §94 (AMD).]

  • Medical clearance means a physician or other health care

  • Medical examiner means that term as defined in 49 CFR 390.5.

  • Respiratory care practitioner means an individual who practices respiratory care.

  • Licensed health care practitioner means a physician, as defined in Section 1861(r)(1) of the Social Security Act, a registered professional nurse, licensed social worker or other individual who meets requirements prescribed by the Secretary of the Treasury.