Sentence examples for sum compensation from inspiring English sources
The formula is used to calculate lump sum compensation payments to people with serious injuries, to ensure inflation does not erode the future value of a payout.
Another headache is that a change in the government's rules for calculating lump sum compensation for the seriously injured has raised the cost of these payouts by more than 50%.With reserves drained by the stockmarket collapse, insurance companies are playing safe, raising premiums and shying away from potentially troublesome new business.
Now, municipalities were given a lump sum compensation for each person.
The scheme is privately underwritten and predominantly fault-based providing lump sum compensation for entitlements including economic and non-economic loss, and medical expenses.
These were triggered by the ending of payments to the hospital for individual treatments and instead a lump sum compensation based on the internationally established classification of Diagnosis Related Groups (DRG) [ 3] has been introduced.
Additionally, in cases of disputes on medical expenses arising from work-related illness or injury, the Work Injury Compensation Act (WICA) provides for a process through which claims can be made for medical leave wages, medical expenses and lump sum compensation for permanent incapacity or death.
But, says Atigha, it was agreed that they should get lump-sum compensation from the state.
The system did not work well because the burden of proof lay with the worker, who normally had to incur high legal costs and delay before he could hope to obtain lump-sum compensation.
In a move designed to increase the UK's supply of donor eggs, the Human Fertilisation and Embryology Authority has recently agreed to a fixed-sum compensation policy for donors "which better reflects their expenses" and inconvenience.
TOTAL COMPENSATION AMOUNT The sum of the cash pay, stock awards and option awards categories.
We measure total compensation by summing up salary and bonuses, realized gains in stock options, vested stock grants and "other compensation," such as company-paid insurance and perks.
