Risk sharing means a decision by the members of a joint self-insurance program to jointly absorb certain or specified finan- cial exposures to risks of loss through the creation of a formal pro- gram of advance funding of actuarially determined anticipated losses; and/or joint purchase of insurance or reinsurance as a member of a joint self-insurance program formed under chapter 48.62 RCW.
Risk sharing means a decision by the members of a joint self-insurance program to jointly absorb certain or specified financial exposures to risks of loss through the cre- ation of a formal program of advance funding of actuarially determined anticipated losses; and/or joint purchase of insur- ance or reinsurance as a member of a joint self-insurance pro- gram formed under chapter 109, Laws of 2015.
Risk sharing means that the participant of a joint self- insurance program jointly absorbs certain or specified finan- cial exposures to risks of loss through the creation of a formal program of advance funding of actuarially determined antici- pated loss; and/or jointly purchase insurance or reinsurance through a joint self-insurance program formed under chapter
Examples of Risk sharing in a sentence
Risk sharing arrangements for pharmaceuticals: potential considerations and recommendations for European payers.
Risk sharing: companies may use SPEs to legally isolate a high risk project/asset from the parent company and to allow other investors to take a share of the risk.
Risk sharing arrangements are arrangements in which the Part D sponsor shares risk with a provider (e.g., pharmacy) or other party involved in the administration or delivery of the Part D benefit.
Risk sharing amounts received from or credited to other parties constitute DIR and must be offset against prescription drug costs in the calculation of allowable reinsurance and risk corridor costs.
Ligon E (1998) Risk sharing and information in village economics.
More Definitions of Risk sharing
Risk sharing means that the participant of a joint self-insur- ance program jointly absorbs certain or specified financial exposures to risks of loss through the creation of a formal program of advance funding of actuarially determined anticipated loss; and/or jointly purchase insurance or reinsurance through a joint self-insurance pro- gram formed under chapter 48.64 RCW.
Risk sharing means any common fund or pool of monies: (1) which is composed of cash, investments permitted by Government Code Sections 53601, et seq., or other assets; (2) to which two or more Members have agreed to contribute in accordance with the terms of a Certificate of Coverage and a Coverage Contract in which participation is voluntary; (3) from which claim and defense expenses of any contributor to that common fund shall be paid to claimants by BETARMA on a Member’s behalf; (4) from which administrative costs to operate and manage the Fund and activities related to the purpose of the Fund shall be paid; and (5) which operates in accordance with this joint powers agreement.
Risk sharing means, any compensation arrangement between an organization and a plan under which the organization shares the risk of financial gain or loss with the plan.
Risk sharing means a decision by the members of a joint self-insurance program to jointly absorb certain or specified finan cial exposures to risks of loss through the creation of a formal pro gram of advance funding of actuarially determined anticipated losses;
Risk sharing means any common fund or pool of monies: (1) which is composed of cash, investments permitted by Government Code Sections 53601, et seq., or other assets; (2) to which two or more Members have agreed to contribute in accordance with the terms of a Certificate of Coverage and a Coverage Contract in which participation is voluntary; (3) from which claim and defense expenses of any contributor to that common fund shall be paid to claimants by BETARMA on a Member’s behalf;
Risk sharing means unless otherwise determined by the Scheme, a minimum of twenty-five percent 25% for post shipment, 15% for pre-shipment and 20% for export production shall be assumed by the financing institution in the Guaranteed Credit Facility.