Institutional risk, definition

Institutional risk, which means “the assumption of the cost for the provision of hospital inpatient, hospital outpatient, or hospital ancillary services to subscribers or enrollees undertaken by a person, other than services performed pursuant to the person’s own license…in return for a prepaid or periodic charge paid by or on behalf of the subscriber or enrollee.”
Institutional risk, means the assumption of the cost for the provision of hospital inpatient, hospital outpatient, or hospital ancillary services to subscribers o r enrollees undertaken by a Risk Bearing Organization, other than services performed pursuant to the person's own license under section 1253 of the Health and Safety Code, pursuant to a subcontract with a licensed full-service Knox Keene Health Care Service Plan for prepaid, capitated payment.
Institutional risk, which means “the assumption of the cost for the provision of hospital inpatient, hospital outpatient, or hospital ancillary services to subscribers or enrollees undertaken by a person, other than services performed pursuant to

Examples of Institutional risk, in a sentence

  • Institutional risk: China Energy Finance is a platform company authorised by CHN Energy to conduct fund collection, settlement, monitoring and service, with a registered capital of RMB12.5 billion.