Risk load definition

Risk load means the percentage above the applicable base premium rate that is charged by a small employer carrier to a small employer to reflect the risk characteristics of the small employer group.
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Risk load means the percentage above the applicable base premium rate a small employer health benefit plan issuer charges to a small employer to reflect the risk characteristics associated with that particular small employer group.
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Risk load means the percentage above the applicable base premium rate that is charged by a covered carrier to a covered insured to reflect the risk characteristics of the covered individuals.
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Examples of Risk load in a sentence

  • The percent of premium for the Profit & Risk load must be the same across all plans.

  • Profit & Risk load is the portion of the “projected earned premium” that is not associated directly with “claims” or “expenses.” The percent of premium for the Profit & Risk load must be the same for all plans.

  • Profit & Risk load is the portion of the projected earned premium that is not directly associated with claims or expenses.

  • Both the ads from the advertisers and the videos from the video providers need to be streamed to the viewer with high performance.

  • Risk load and the problem behavior development of children of alcoholics.

  • Although most actuaries would prefer separate estimates for IBNER and “pure IBNR”, most reinsurer’s combine these estimates and refer to them as IBNR. Risk load.

  • The RS17 Update Team reviewed the Concentration Risk (load and queue) of current EI energy load activities and/ or industries and concluded that cryptocurrency mining does not currently meet the EI criteria as defined in the CSP.

  • Risk load is often viewed as consisting of two types, process risk load and parameter risk load.

  • Risk load casesAfter risk identification and risk allocation the risk load can be simulated with a Monte Carlo Simulation that uses probability of occurrence, impact, number of occurrence, and time of occurrence as random variables.


More Definitions of Risk load

Risk load means the percentage above the applicable base premium rate that is charged by a small employer carrier to a small employer to reflect the risk characteristics of the small employer group. “Short-term limited duration insurance” means health insurance coverage provided under a con- tract with a carrier or ODS that has an expiration date specified in the contract, taking into account any extensions that may be elected by the policyholder without the carrier’s or ODS’s consent, that is, with-
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Risk load means the percentage above the applicable base premium rate that is charged by a carrier to an individual to reflect the risk characteristics of such individual.
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Risk load means the percentage above the applicable base premium rate that is charged by a carrier or ODS to an individual to reflect the risk characteristics of such individual.ITEM 43. Rescind the definition of “Organized delivery system” in rule 191—75.2(513C). ITEM 44. Amend rule 191—75.3(513C) as follows:191—75.3(513C) Applicability and scope.75.3(1) and 75.3(2) No change.75.3(3) An entity that is not operating as an individual health benefit plan carrier or ODS in this state shall not become subject to the provisions of the Act and this rule solely because an individual that was issued a health benefit plan in another state by that entity becomes a resident of this state.75.3(4) and 75.3(5) No change.ITEM 45. Amend rule 191—75.4(513C) as follows: 191—75.4(513C) Establishment of blocks of business. A carrier or ODS shall file with the commissioner the following information with respect to each established block of business, as defined in Iowa Code section 513C.3.
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Risk load means the percentage above the base premium rate charged by a covered carrier to a covered insured reflecting the risk characteristics of the covered individual.
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Related to Risk load

  • Risk means the combination of the probability of occurrence of harm and the severity of that harm;

  • risk analysis the analysis required under Rule 17f-7(a)(1)(i)(A).

  • At-risk student means any identified student who needs additional support and who is not meeting or not expected to meet the established goals of the educational program (academic, personal/social, career/vocational). At-risk students include but are not limited to students in the following groups: homeless children and youth, dropouts, returning dropouts, and potential dropouts.

  • Sustainability Risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment;

  • risk management means coordinated activities to direct and control an organization with regard to risk.

  • high risk breach means that the threshold for notifying the individual is higher than that for notifying the relevant supervisory authority.

  • 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;

  • Customer-generator means a user of a net metering system.