Pool Stabilization Sample Clauses
Pool Stabilization. An actuarial estimate of premiums required to pay claims and create reserves to pay future claims and manage the health plan.
Pool Stabilization. A. From time to time, the Commission may review the number of enrolled participants in the self- insured plan and determine whether to create one or more separate Non-State Public Employer Pools made up of some or all Non-State Public Employers.
B. Upon creation of a Non-State Public Employer Pool applicable to any Non-State Public Employer, all affected Non-State Public Employers enrolling shall be included in such Pool and pay the Non-State Public Employer Pool rates established by the Commission.
C. Upon creation of an applicable Non-State Public Employer Pool, at the beginning of the Plan Year after the benchmark number of eligible participants in the self-insured plan is met, all affected Non- State Public Employers shall be included in such Pool and pay Pool rates. After the Non-State Public Employer Pool is created, rates shall be determined by the Commission based upon the experience, plan administration, reserves, and needs of the Pool to be self-sufficient.
