Missouri Proposed Rates For Group Trust Self-Insurance

State:
Missouri
Control #:
MO-SKU-2200
Format:
PDF
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Description

Proposed Rates For Group Trust Self-Insurance Missouri Proposed Rates For Group Trust Self-Insurance are the proposed rates established by the Missouri Department of Insurance, Financial Institutions & Professional Registration (DIP) for self-funded employer groups. These rates are used to determine the amount of premium that employers must pay to obtain coverage through a group trust self-insurance plan. The two types of Missouri Proposed Rates For Group Trust Self-Insurance are the Standard Rate and the Modified Rate. The Standard Rate is based on the total expected claims experience of the group trust self-insurance plan and is generally more expensive than the Modified Rate. The Modified Rate is based on the individual employer group's experience and is usually cheaper than the Standard Rate.

Missouri Proposed Rates For Group Trust Self-Insurance are the proposed rates established by the Missouri Department of Insurance, Financial Institutions & Professional Registration (DIP) for self-funded employer groups. These rates are used to determine the amount of premium that employers must pay to obtain coverage through a group trust self-insurance plan. The two types of Missouri Proposed Rates For Group Trust Self-Insurance are the Standard Rate and the Modified Rate. The Standard Rate is based on the total expected claims experience of the group trust self-insurance plan and is generally more expensive than the Modified Rate. The Modified Rate is based on the individual employer group's experience and is usually cheaper than the Standard Rate.

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Missouri Proposed Rates For Group Trust Self-Insurance