Examples of Unpaid claims in a sentence
Unpaid claims liabilities are material estimates that are particularly susceptible to changes in the near term.
Unpaid claims reserves for the current contract year, including claims reported in the process of adjustment.
Include: • Unpaid claims, including claims reported in the process of adjustment, percentage withholds from payments made to contracted providers, recoverable for anticipated coordination of benefits (COB) and subrogation (including third party liability) • Incurred but not reported – report claims incurred only during the MLR reporting year and not reported by 3/31 of the following year.
Unpaid claims and adjustment expensesIndividual loss estimates are provided on each claim reported.
Unpaid claims will incur interest at a floating rate of interest equal to the prime rate published from time to time in The Wall Street Journal.