Examples of Rating period in a sentence
Rating period" means the calendar period for which premium rates established by a small employer carrier are assumed to be in effect.
The Participant acknowledges and agrees that NFIB-MSC and NFIB/Ohio shall have the exclusive authority during any Group Rating period to determine whether any changes in the program are necessary for the better delivery of services to the Participant.
Allowable adjustments used in rate development include the following: Non-EHB Adjustment Rating period non-EHB covered benefits are added back to plan rates as a multiplier when calculating the Plan Adjusted Index Rate for each plan.
It is proposed this will be workshopped with Council during 2013/14 and available for consideration for the 2014/15 Rating period and beyond.The following table summarises the rates to be made for the 2013/2014 year.
Rating period means a period of twelve (12) months selected by the State for which the actuarially sound capitation rates are developed and documented in the rate certification.