Risk characteristic definition

Risk characteristic means the health status, claims experience, duration of coverage, or any similar characteristic related to the health status or experience of a small employer group or of any member of a small employer group.
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Risk characteristic means a rating factor other than a case characteristic allowed under Sections 31A-30-106 or 31A-30- 106.1, as applicable, including exact age, gender, family composition, the health status, claims experience, duration of coverage, or any similar characteristic related to the demographics or the health status or experience of an individual, a small employer or of any member of a small employer.
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Risk characteristic means the health status, claims experience or any similar characteristic related to the health status or experience of an individual under a health benefit plan.
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Examples of Risk characteristic in a sentence

  • Compliance Risk is an integral part of Bank Risks, such as Capital Adequacy Requirements, Asset Quality, Market Risk characteristic to General Open Currency Position, Strategic Risk characteristic to Annual Business Plan and Bank Budget and other risks associated with particular provisions.

  • Risks – Details on the various instruments Risk characteristic of commodity swaps and commodity options with cash settlementIf expectations are not met, the difference between the underlying price on signing the agreement and the market price applicable once the transaction reaches maturity is payable.


More Definitions of Risk characteristic

Risk characteristic means the claims experience, duration of coverage, or any similar characteristic related to the experience of a small employer group or of any member of a small employer group.
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Related to Risk characteristic

  • Case characteristics means demographic or other objective characteristics of a small

  • Indicator means a quantitative or qualitative factor or variable that contributes to better understanding progress in implementing;

  • Unique item identifier type means a designator to indicate which method of uniquely identifying a part has been used. The current list of accepted unique item identifier types is maintained at http://www.acq.osd.mil/dpap/pdi/uid/uii_types.html.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Security Vulnerability means a flaw or weakness in system security procedures, design, implementation, or internal controls that could be exercised (accidentally triggered or intentionally exploited) and result in a security breach such that data is compromised, manipulated or stolen or the system damaged.

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site , in order to identify the steps needed to be taken to remove, reduce or control such hazard;

  • Intensity means the number of Program Unique Supervised Hours divided by the Duration for a course or qualification, being a measure of the concentration of training and assessment delivered from the Eligible Individual’s perspective.

  • Severity means the dollar amount of losses on claims.

  • Configuration means State-specific changes made to the Software without Source Code or structural data model changes occurring.

  • Categories in this Schedule is to a Category or Categories of the Table.)

  • Profile means a building's cross-sectional shape or the shape of its outline.

  • Sample means urine, blood, breath, saliva, or hair.

  • Vulnerability means a weakness of an asset or mitigation that can be exploited by one or more threats.

  • special nuclear material shall have the meaning given it in the Atomic Energy Act of 1954 or by any law amendatory thereof.

  • Functional impairment means both of the following:

  • Population means the population as ascertained at the last preceding census of which the relevant figures have been published;

  • Permeability of a space means the ratio of the volume within that space which is assumed to be occupied by water to the total volume of that space.

  • Indicators means actions that are likely to lead to the achievement of a competency and which, together with the competency, are measurable and observable;