Examples of Reinsurance payment in a sentence
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).
The Court approves the Scheme under section 411(4)(b) of the Corporations Act.
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.
In its “Summary Report on Transitional Reinsurance Payments and Permanent Risk Adjustment Transfers for the 2015 Benefit Year” CMS confirmed that it owed Colorado HealthOP a Reinsurance payment of$38,664,334.67.