Sentences with phrase «risk pool»

Will youthful operators and drivers participating in assigned risk pool receive the insurance premium discount?

First, your insurer may have a higher risk pool of drivers in the state so their rates may be higher.

The fees are used to create a kind of risk pool to cover unexpected marketing costs.

The regulator has laid down a method for transferring risks to the newly formed declined risk pool for third - party motor policies.

Additionally, states could introduce two different risk pools in their plan — which would allow sick people to be placed in a separate, more expensive pool from one with healthier people.

As per the guidelines, the declined risk pool would apply to commercial vehicles for standalone third - party liability insurance and no comprehensive motor insurance policy can be settled from the pool.

Though you're transitioning to a different risk pool, there are some factors that could keep you from saving money on your coverage, including any traffic tickets on your record.

In less than three months the legislation says you should have access to a high - risk pool with affordable premiums.

This is a state - funded risk pool designed for people who can not reasonably get insurance on the voluntary market.

However, with less people enrolling in coverage, some health experts believe insurance premiums will rise as a result of the shrinking numbers of participants in the health insurance risk pools.

This is a state - funded risk pool designed for people who can not reasonably get insurance on the voluntary market.

While risk pool premiums are substantially higher than insurance obtained directly with a private company, they do provide auto coverage no matter what the driver's history.

This would have meant a substantial increase of people insured through the community rated small group risk pool, which would have substantially altered health insurance rates for thousands of people.

This small risk pool allowed the company to operate with minimal costs as government workers are a small group of people and tend to get into statistically fewer accidents than other professions.

It lets customers share risks with friends, allowing them to lower prices due to reduced fraud and process costs, and better risk pools.

The amount of claims for a particular risk pool determines what your premiums will be.

In order to find out if your state has a high - risk pool program, contact your state insurance department.

Your last resort is what is known as a state assigned risk pool.

This means your credit profile is considered to be out of bounds as far as traditional lenders are concerned, and you have been assigned to the high risk pool of borrowers.

Each state has what's called a «high - risk» or assigned - risk pool for risky drivers.

In some ways, it's similar to assigned - risk pools in other states, and in some ways it's not.

Recently, IRDA came out with guidelines for implementation of declined risk pool system.

This is why the State established an assigned risk pool called the South Dakota Automobile Insurance Plan.

Comment: Several commenters favored the proposal to permanently designate State high risk pool coverage as minimum essential coverage.

Without a balanced risk pool, premiums will spike — at least 10 % in most years according to the CBO.

I read your argument as (I quote) «To insist the general risk pool (or taxpayers) pay for your first elective caesarean is another matter altogether» — as meaning you don't want to pay for something that other people would choose in order to lower the risks involved.

New York Democrats and health - care advocates said Trump's policy provisions would undermine the delicate financial balance undergiurding health insurance — younger, healthier insurance policyholders and older, sicker ones paying into the same risk pool to keep costs at reasonable levels.

The author gives no hints to his views on religion, but uses the concept of «acts of God,» to describe events which are out of our control, and thus need risk pooling (insurance), to contrast with «acts of man,» which potentially are controllable, though often not practical to do so.

First, it incentivized flood risk management so fewer people were at risk of flood damage; it also created a large risk pool, spreading out the cost of flood insurance and making it more affordable.

You're placed in a higher - risk pool based on the idea that if you haven't had coverage, you've likely neglected regular healthcare that will most likely lead to expensive medical needs.

Swiss Re's tech strategy aims to access new risk pools and manage existing ones more effectively.»

Aetna CEO Mark Bertolini has been critical of the Affordable Care Act, taking aim at its deteriorating risk pool as a reason the Hartford insurer is leaving ACA markets.

What MANA then did was take this low risk pool of women and newborns and compared them to low risk people in the hospital.

Cronk believes adding an emotional component to risk pooling makes it more efficient, evolutionarily speaking.

But in modern society, most risk pooling has less to do with friends, he notes.

The study, «Hypertension, Obesity, Diabetes, and Heart Failure - Free Survival: The Cardiovascular Lifetime Risk Pooling Project,» will be presented on March 14 at the American College of Cardiology's 64th Annual Scientific Session in San Diego.

Even more promising, cities with large numbers of charter schools, like Denver, New Orleans, and New York City, have built special education collaboratives, co-ops, and financial risk pools so that all charter schools have the capacity to serve all disability categories well.

A car insurance company can cancel your insurance when your credit downturns because of the bankruptcy, then place you in a high risk pool if you want to keep your car insured, a provision of most state laws.

In the meantime, there are high - risk pools set up to cover the otherwise uninsurable.

This technical document exposes how resources are used, and looks at two specific financing tools - parametric insurance and international risk pooling mechanisms - for countries to consider for DRR purposes.

«HealthSmart Management Services Organization, Inc. manages IPAs, medical group practices, and hospital risk pools.

A P&I Club is a mutual insurance association that provides risk pooling, information and representation for its members.

Wisconsin also offers a high risk pool sharing plan for those that are HIPAA eligible, as well as those that have been declined for HIV, and those that have been awarded Medicare due to disability.

All insurance products work by utilizing risk pools.