PET - Plain English Taxonomy

Attribute: OI13031
Concept:
Label: Single equivalent units (SEUs)
Concept Guidance:
This is the number, as at the relevant date, of single equivalent units (SEUs) which are used as a standard measure of the different categories of policies that provide hospital cover. 
Form-Specifc Guidance:
The categories of policies, and single equivalent unit (SEU) for each category, are:
(a) a hospital policy under which only one person is insured, SEU = 1 (Single);
(b) a hospital policy under which 2 adults are insured (and no-one else), SEU = 2 (Couple);
(c) a hospital policy under which 2 or more people are insured, none of whom is an adult, SEU = 1 (2+ no adults);
(d) a hospital policy under which 2 or more people are insured, only one of whom is an adult, SEU = 1 (Single parent);
(e) a hospital policy under which 3 or more people are insured, only 2 of whom are adults, SEU = 2 (Family);
(f) a hospital policy under which 3 or more people are insured, at least 3 of whom are adults, SEU = 2 (3+ adults).
Dimensions
Dimension Member Description
(Month4)
This dimension categorises the reported data according to the forecast period at each point of time in the future.
The information reported relates to items where the forecast period is 4 months after the reporting date.
(CentralEstimate)
This dimension categorises the reported data according to the distribution of probabilistic outcomes.
The information relates to the Central Estimate, determined in accordance with relevant prudential standards. The central estimate is intended to reflect the mean value in the range of possible values for the outcome (that is, the mean of the distribution of probabilistic outcomes). This does not include any risk margin.