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.