PET - Plain English Taxonomy

Label:	Financial Risk Capital Adequacy Premium Increase Assumed Central Projection Percent
TREF ID:	DE14077
Data Type:	xbrli:pureItemType
Period Type:	duration
Business Description & Guidance:	This is the percentage, during the relevant period, for the premium increase assumed in the central estimate projection. This is calculated consistent with the pricing methodology prescribed in the relevant Act.

Usage

Form	Labels
HRF_602_1	Label: Guidance:	Percentage premium increase assumed central estimate projection This formula is - (FCI with premium changes - FCI without premium changes) / FCI without premium changes where FCI is the forecast contribution income for the insurer for the 12 month period following the implementation of the changes, excluding forecast changes in membership, and excluding rate protection. Enter the assumed premium increase that would apply in the relevant month after the projection date (and only enter it in that month).

Form

Labels

HRF_602_1

Label:

Guidance:

Percentage premium increase assumed  central estimate projection
This formula is - (FCI with premium changes - FCI without premium changes) / FCI without premium changes
where FCI is the forecast contribution income for the insurer for the 12 month period following the implementation of the changes, excluding forecast changes in membership, and excluding rate protection.
Enter the assumed premium increase that would apply in the relevant month after the projection date (and only enter it in that month).