Risk-Based Capital definition

Risk-Based Capital means, with respect to each HMO Subsidiary, at any time, the Company Action Level Risk-Based Capital (as defined by the NAIC on the date of determination and as determined in accordance with SAP) of such HMO Subsidiary.
Risk-Based Capital means, with respect to any insurance company, the ratio of Adjusted Capital of such insurance company to the Company Action Level of such insurance company (as determined by the NAIC or the applicable Reference Department). In the event that there is a conflict between the Risk-Based Capital formulas adopted by the NAIC and the applicable Reference Department, the calculation of the Reference Department shall govern.
Risk-Based Capital means the “RBC level” defined under Ark. Code Ann. § 23-63-1501 (8); and

Examples of Risk-Based Capital in a sentence

  • Risk Based Capital — The Total Adjusted Capital figure in Column One from the page titled Five Year Historical Data in the Annual Statement for the most recent year filed with PID, divided by the Authorized Control Level Risk-based Capital figure.

  • Member contributions, copay amounts, deductibles, coinsurance levels, and maximum out of pocket levels will not increase through December 31, 2018 and shall only increase in the 2019 plan year if the actuarially determined Risk Based Capital Level is at or below 250%.

  • Member contributions, copay amounts, deductibles, coinsurance levels, and maximum out of pocket levels in effect as of January 1, 2021 (i) will not increase through December 31, 2022, and (ii) for the 2023 plan year may increase - based on HCBS’s analysis - only if the actuarially determined Risk Based Capital Level is at or below 300%.

  • Member contributions, copay amounts, deductible, coinsurance levels, and maximum out of pocket levels will not increase through December 31, 2018 and shall only increase in the 2019 plan year if the actuarially determined Risk Based Capital Level is at or below 250%.

  • The County Board resolution shall include the County Board’s commitment to making a financial contribution to PrimeWest Health capital reserves in the amount determined by PrimeWest Health necessary to maintain adequate Risk Based Capital for the Entrant County’s population enrolled in PrimeWest Health Minnesota Health Care Programs.


More Definitions of Risk-Based Capital

Risk-Based Capital means for any Regulated Insurance Company, the ratio (expressed as a percentage), at any time, of the Total Adjusted Capital of such entity to the Authorized Control Level of such entity.
Risk-Based Capital means, with respect to the Insurance Subsidiaries at any time, the Company Action Level Risk-Based Capital (as defined by the NAIC at such time and as computed in accordance with SAP) of the Insurance Subsidiaries (determined and consolidated in accordance with SAP) at such time.
Risk-Based Capital means the method developed by the National Association of Insurance Commissioners to measure the minimum amount of capital that an insurance company needs to support its overall business operations. Risk Based Capital is used to set capital requirements considering the size and degree of risk taken by the insurer.
Risk-Based Capital means the Company’s risk-based capital requirements determined by the ratio of the Company’s total adjusted capital to its authorized control level risk-based capital, as defined by the RBC Instructions adopted by the National Association of Insurance Commissioners.
Risk-Based Capital means for a RIC, the ratio (expressed as a percentage), at any time, of the Total Adjusted Capital of such RIC to the Authorized Control Level of such RIC.
Risk-Based Capital means, as of any date of determination, OMFLIC’s company action level risk-based capital as of such date, determined in accordance with the Risk-Based Capital Calculation Methodology.
Risk-Based Capital means the minimum amount of required