Examples of Risk sharing in a sentence
Risk sharing arrangements are arrangements in which the Part D sponsor shares risk with a provider (e.g., pharmacy) or other party involved in the administration or delivery of the Part D benefit.
Risk sharing amounts received from or credited to other parties constitute DIR and must be offset against prescription drug costs in the calculation of allowable reinsurance and risk corridor costs.
Insurance, therefore, is a form of risk management primarily used to safe guard against the risk of potential financial loss.Functions of insurance: Providing certainty, Protection, Risk sharing, Assist in capital formation.
Risk sharing is one case of reciprocal exchange, so following the same mechanism, the model can be applied to analyze other types of reciprocal exchange, such as, favor exchange.
The Risk sharing mechanisms will be analysed from various aspects, for instance, risk sharing between sponsoring employers and participants, between individual participants and participants as a group, active participants and beneficiaries (including deferred members).