Reinsurance cap means the threshold dollar amount, adopted by the Executive Director, for claims costs incurred by a reinsurance eligible health benefit plan for an insured individual’s covered benefits in a benefit year, after which threshold the claims costs for the benefits are no longer eligible for reinsurance payments.
More Definitions of Reinsurance cap
Reinsurance cap means the threshold amount for claims
Reinsurance cap means the threshold amount set under
Reinsurance cap means the amount set by the
Reinsurance cap means the threshold amount as provided in
Reinsurance cap means the threshold amount as provided in subsection D of § 38.2-3465.