Adding the Policyholder’s Characteristics Clause Samples
The "Adding the Policyholder’s Characteristics" clause defines the requirement to include specific personal or business details of the policyholder within the insurance policy documentation. This typically involves listing information such as the policyholder’s name, address, date of birth, or business registration details, ensuring that the policy is tailored to the individual or entity it covers. By clearly identifying the policyholder, this clause helps prevent disputes over coverage and ensures that the rights and obligations under the policy are correctly attributed, thereby promoting clarity and reducing the risk of misidentification.
Adding the Policyholder’s Characteristics. The PHLDRIDX allows you to link characteristics of the policyholder onto the records of every person covered by the plan. For example, suppose you wanted to study persons whose private employment-based insurance is through an employee working full time at a current main job as of the first interview of 2006 (Panel 11 Round 1 or Panel 10 Round 3). Then you would select PRPL records matching HC-093 (PUF93FLG=1) where the insurance is through a current main job (CMJINS=1) and [(PANEL=11 and RN=1) or (PANEL=10 and RN=3)]. From HC-093, select the DUPERSID and HOUR13 variables and rename DUPERSID to PHLDRIDX. Merge HOUR13 onto the PRPL file by PHLDRIDX. Some policyholders do not have records on HC-093 or HC-099. These include deceased policyholders and policyholders residing outside the RU. For these policyholders, PUF93FLG and PUF99FLG may be equal to 2, depending on when the policyholder left the RU. All of the covered person records for these establishment-policyholder pairs are flagged with DECPHLDR, OUTPHLDR, or NOPUFLG equal to 1. Deceased policyholders complicate the estimation of nationally representative statistics on active policies. For these establishment-policyholder pairs, users must choose a covered person with a positive weight. However, establishment-policyholder pairs where the policyholder resides outside the RU should not be included in estimates, because this will result in double counting, as RU members covering those outside the RU are already included.
Adding the Policyholder’s Characteristics. The PHLDRIDX allows you to link characteristics of the policyholder onto the records of every person covered by the plan. For example, suppose you wanted to study persons whose private employment-based insurance is through an employee working full time at a current main job as of the first interview of 2015 (Panel 20 Round 1 or Panel 19 Round 3). Then you would select PRPL records matching HC-167 (PITFLG=1) where the insurance is through a current main job (CMJINS=1) and [(PANEL=20 and RN=1) or (PANEL=19 and RN=3)]. From HC-167, select the DUPERSID and HOUR13 variables and rename DUPERSID to PHLDRIDX. Merge HOUR13 onto the PRPL file by PHLDRIDX. Some policyholders do not have records on HC-167 or HC-174. These include deceased policyholders and policyholders residing outside the RU. For these policyholders, PITFLG and FYFLG may be equal to 0, depending on when the policyholder left the RU. All of the covered person records for these establishment-policyholder pairs are flagged with DECPHLDR, OUTPHLDR, or NOPUFLG equal to 1. Deceased policyholders complicate the estimation of nationally representative statistics on active policies. For these establishment-policyholder pairs, users must choose a covered person with a positive weight. However, when creating nationally representative estimates of policies and policyholders, establishment-policyholder pairs where the policyholder resides outside the RU should not be included in estimates. This is because MEPS policyholders include policies covering dependents outside the RU, and including RU members covered by a policyholder outside the RU will result in double counting policies that span RUs. Alternatively, a researcher could create nationally representative estimates of covered persons, regardless of whether the policyholder was in the RU, using all the covered persons in the MEPS.