Reinsurance payment definition

Reinsurance payment means an amount paid to an eligible carrier under the Program.

Reinsurance payment means an amount paid to an

Reinsurance payment means payments issued to a reinsurance eligible issuer in accordance with Section 6.0. “State” means the State of Delaware.

Examples of Reinsurance payment in a sentence

• In formula:Reinsurance DIR = (Gross Drug Cost Above the Out-of-Pocket Threshold /Total Gross Drug Cost) * covered Part D DIRAllowable reinsurance costs= (incurred reinsurance costs – reinsurance DIR) Reinsurance payment = (allowable reinsurance costs*0.80) ExampleA plan had $1,000,000 in incurred reinsurance costs and total allowed costs of $6,100,000.

• Reinsurance DIR = ($1m/$6.1m)*$610,000 = $100,000 Allowable reinsurance costs = ($1m - $100,000) = $900,000 Reinsurance payment = ($900,000)*0.80 = $720,000 The resulting reinsurance payment amount ($720,000 in the example) will be reconciled with prospective reinsurance payment amounts made to plans during the coverage year (see Section 13).

• At the time of publi- cation of risk adjustment factors under§ 422.312(a)(1)(ii) of this chapter, CMS publishes the risk adjusters established under this paragraph of this section for the upcoming calendar year.(c) Reinsurance payment amount—(1) General rule.

• Therefore, Contractors are prohibited from performing online encounter voids during the monthly Reinsurance payment cycle.

• On March 23, 2016, Colorado HealthOP received a Reinsurance payment of $14,154,424 from CMS.

More Definitions of Reinsurance payment

Reinsurance payment means an amount paid by the commissioner to an eligible health carrier under the healthcare stability plan.

Reinsurance payment means an amount paid by the board to an

Reinsurance payment means payments issued to a reinsurance eligible issuer in accordance with § 2.6 of this Part.

Reinsurance payment means payments issued to a reinsurance eligible issuer in accordance with Section 6.0.

Reinsurance payment means the amount received under the contract of reinsurance less any expenses of or incidental to getting in that amount.”

Reinsurance payment means an amount paid by the board to an eligible carrier under the plan.

Reinsurance payment means payments issued to a reinsurance eligible issuer in accordance with Section 6.0. “State” means the State of Delaware.24 DE Reg. 1003 (05/01/21)