PET - Plain English Taxonomy

Label: Income Annual Private Health Insurance Net Margin Percent
TREF ID: DE14091
Data Type: xbrli:pureItemType
Period Type: duration
Business Description & Guidance:
This is the percentage, during the relevant period, for the private health insurer's estimate of its health benefits fund's xth percentile net margin percentage for the health insurance business for 12 months after the relevant day calculated: (a) applying the same premium increases as those assumed in calculating the premium income estimate; and (b) excluding any possible changes in the unexpired risk liability or constructive obligation during that period. 

Usage
Form Labels
Label:
Guidance:
Annual PHI Net margin
In calculating NM% the following must be taken into account: (a) historical variability in net margins; and (b) changes in the fund's policy holder growth rate; and (c) expansion into new complying health insurance product(s); and (d) expansion into new markets.