Medical Underwriting definition

Medical Underwriting means the process of determining the relative risks of providing health insurance coverage to an individual by examining medical and other information and applying medical underwriting guidelines. The purpose of medical underwriting is to reject or accept the proposed insurance risk and, if accepted, to set the level of coverage and the rate that will be offered.
View Source
Medical Underwriting means, for the purposes of Rule 3.4 (evidence of health to be provided on joining the FUND) a full assessment of the MEMBER’S state of health, including such medical examinations, blood tests and other tests as may be required by the independent medical consultants appointed by the TRUSTEES. The cost of MEDICAL UNDERWRITING shall be met by the FUND.
View Source
Medical Underwriting means declaring your health status to the insurer, after which coverage is upon written acceptance by the insurer, who may decline, postpone, exclude items or increase premium.
View Source

Examples of Medical Underwriting in a sentence

  • The initial health needs screening shall be followed by a detailed comprehensive health assessment conducted by a health care professional in order to gather applicable information to compare against the Medical Underwriting Guidelines.

  • The Contractor shall utilize the Milliman Medical Underwriting Guidelines (“Milliman Guidelines”) to determine a medically frail designation, a HIP member may be designated as medically frail at any time during the member’s twelve (12) month benefit period, provided such designation is supported by the Milliman Guidelines.

  • If your dependents do not enroll at this time, your dependent may only enroll if he or she: • completes the Direct Pay Medical Underwriting Addendum form in the application and our Underwriting Department approves a preferred premium; or • enrolls through a Special Enrollment Period.

  • The "Product Specifications" are amended by adding the ISLP Loan Program Underwriting and Origination Guidelines (Undergraduate and Graduate), the ISLP Offshore Medical Underwriting and Origination Guidelines, and the ISLP Medical Select Underwriting and Origination Guidelines attached hereto as Exhibit A.

  • Any loading for Medical Underwriting at an individual policyholder level will be applicable on the discounted premium rate offered for the portfolio.

  • However, any file containing your medical status is accessible only to authorized individuals within our Medical Underwriting and Claims Departments.

  • ISLP Loan Program Underwriting, Origination, and Loan Term Guidelines (Undergraduate and Graduate), the ISLP Offshore Medical Underwriting, Origination, and Loan Term Guidelines, and the ISLP Medical Select Underwriting, Origination, and Loan Term Guidelines 3.

  • The Program Guidelines are amended by adding the ISLP Loan Program Underwriting and Origination Guidelines (Undergraduate and Graduate), the ISLP Offshore Medical Underwriting and Origination Guidelines, and the ISLP Medical Select Underwriting and Origination Guidelines attached hereto as Exhibit A.

  • Medical Underwriting Timeliness 99% of medical underwriting determinations shall be completed within 10 Business Days.

  • Cost $ 2, 200,000 Edinburg Regional Medical Underwriting (separate limits each hospital) Center Association (JUA) McAllen Heart Hospital Fireman's Fund Texas CGL & HPL - $1M / $3M Gtd.


More Definitions of Medical Underwriting

Medical Underwriting means the completion of a reasonable investigation of the applicant’s health history information, which includes, but is not limited to, both of the following:
View Source

Related to Medical Underwriting

  • Principal Underwriter shall have the meanings given them in the 1940 Act.

  • financial undertaking means any of the following entities:

  • ERISA-Qualifying Underwriting A best efforts or firm commitment underwriting or private placement that meets the requirements of an Underwriter’s Exemption.

  • IPO Underwriter means each Person named as an underwriter in Schedule I to the IPO Underwriting Agreement who purchases Common Units pursuant thereto.

  • Underwriting (the "Directed Share Program"). The Shares to be sold by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ pursuant to the Directed Share Program (the "Directed Shares") will be sold by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ pursuant to this Agreement at the public offering price. Any Directed Shares not orally confirmed for purchase by any Participants by the end of the first business day after the date on which this Agreement is executed will be offered to the public by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ as set forth in the Prospectus.