Sentence examples for supplementary contracts from inspiring English sources

Furthermore, to determine whether supplementary health insurance is used for self-selection, we examined whether the supplementary contracts were designed to attract specific (favorable) risk groups.

As a consequence, high-risk individuals may be forced to stick with their current supplementary contracts, since no better alternatives will be available.

He further disputes a supplementary contract relied on by Cherney which purports to show Deripaska agreeing to pay his rival the equivalent of 20% of the value of Rusal shares, less the $250m.

6 In that case, high-risk individuals may not be able to switch to another, more attractive supplementary contract.

Nevertheless, we find that many high-risk individuals do not (consider to) switch because they believe that they will not be accepted on another supplementary contract.

For instance, it is typical to charge a rock-bottom price for the audit and then huge fees for supplementary consulting contracts to install information systems.

In the Netherlands, all health insurers voluntarily included a guaranteed renewability (GR) clause in their supplementary insurance contracts.

A lock-in situation for high-risk individuals may occur if the premium they pay for their current supplementary insurance contract is below the actuarial fair price, while when they apply for another contract they have to pay a premium as high as the actuarial fair price.

Hence, each supplementary insurance contract involves some cross-subsidization from low-risk to high-risk individuals.

Hence, high-risk individuals believe they are locked-in in their current supplementary insurance contract.

However, this low proportion can be misleading, since only a limited number of people actually apply for an (other) supplementary insurance contract.