Web2 days ago · Actuarially definition: in an actuarial manner Meaning, pronunciation, translations and examples WebActuarially equivalent standard coverage (standard prescription drug coverage that provides for cost-sharing as described in 423.104(d)(2)(i)(B) or cost-sharing as described in 423.104(d)(5)(ii), or both). Source. 42 CFR § 423.100. Scoping language As used in this part, unless otherwise specified-
Actuarially Definition & Meaning YourDictionary
WebMar 7, 2014 · Insurance is pervasive in many social settings. As a cooperative device based on risk pooling, it serves to attenuate the adverse consequences of various risks (health, unemployment, natural catastrophes and so forth) by offering policyholders coverage against the losses implied by adverse events in exchange for the payment of premiums. … WebA statistician who works for an insurance company or other organization that assesses risk. The actuary computes various risk factors and determines the likelihood of whether (or when) an event will occur. For example, an actuary will look at a person's medical information, such as height, weight, and pre-existing conditions, and mathematically ... chivas devinck
actuarially: meaning, origin, translation - …
WebMeaning of actuarially. What does actuarially mean? Information and translations of actuarially in the most comprehensive dictionary definitions resource on the web. WebWhat does actuarially fair price mean? Definition 1. Actuarially fair insurance: The price of the insurance policy exactly equals the expected monetary losses. • If you want $1.00 in Good state, this will sell at $0.75 prior to the state being revealed. The reason is that the good state will occur with 75% probability. WebMar 31, 2024 · The actuarial balance is the principal summary measure of actuarial status for the long-range period as a whole. The year of trust fund reserve depletion is also critical, as it indicates the year by which legislative action would be needed in order to maintain timely payment of scheduled benefits. The 1983 report was the last report for which ... chivas cake