Common use of PROJECTED BENEFIT COST TRENDS Clause in Contracts

PROJECTED BENEFIT COST TRENDS. i. Description of the data, assumptions, and methodologies This section discusses the data, assumptions, and methodologies used to develop the benefit cost trends, i.e., the annualized projected change in benefit costs from the historical base period (CY 2014) to the CY 2016 rating period of this certification. We evaluated prospective trend rates using ODM, as well as external data sources.

PROJECTED BENEFIT COST TRENDS. i. Description of the data, assumptions, and methodologies This section discusses the data, assumptions, and methodologies used to develop the benefit cost trends, i.e., the annualized projected change in benefit costs from the historical base period (CY 20142015) to the CY 2016 2017 rating period of this certification. We evaluated prospective trend rates using ODMODM data, as well as external data sources.