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any premium paid by the consumer after closing.
Net premium paid to establish the spread amounts to $0.425 each, or total premium of $4.250 million.
Administrative cost of insurance mode is calculated by deducting the claim paid from the premium paid.
Claim Ratio or Benefit Cost Ratio BCR) is defined as claim paid divided by premium paid.
Specifically, the premium paid by consumers who do not visit the merged hospital is not considered.
For example, the total premium paid is the same as 1st year premium *30%.
Premiums pay for benefits.
The shift has been in the pay premium for their colleagues further down the pay scale.
The trust has a policy of paying research assistants a premium of 30% on top of their appropriate point on the national pay scale.
The pay scale ranges….
The total premiums paid were $116,054.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com