Minimum Risk Corridor definition
Minimum Risk Corridor. (“MRC”) means the percentage of MCB that Anthem retains before sharing any savings with the Medical Panel. This percentage is determined by Anthem to limit savings payouts that are driven by random variation. Like the Gross Savings (as defined below) and Upside Cap, the MRC is adjusted by the Paid/Allowed Ratio.
Minimum Risk Corridor. (“MRC”) means the percentage of Premium times the MLRT that Anthem retains before sharing any savings with the Medical Panel. This percentage is determined by Anthem and is designed to limit savings payouts that are driven by random variation.
Minimum Risk Corridor. (MRC) means the percentage of MCT that Anthem retains before sharing any savings with the Medical Panel. This percentage is determined by us and is designed to limit savings payouts that are driven by random variation.
More Definitions of Minimum Risk Corridor
Minimum Risk Corridor. (“MRC”) means the percentage of MCT that Anthem Blue Cross retains before sharing any savings with the Medical Panel. This percentage is determined by Anthem Blue Cross to limit savings payouts that are driven by random variation.
Minimum Risk Corridor. (“MRC”) means the percentage of Premium times the MLRT that Empire retains before sharing any savings with the Medical Panel. This percentage is determined by Empire and is designed to limit savings payouts that are driven by random variation.