Renewal Underwriting

Health / Health Insurance / Renewal Underwriting: The process by which an underwriter reviews each year all the selection factors that were considered when the contract was issued, then compares the group's actual utilization rates to those the MCO predicted to determine the group's renewal rate.
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Underwriting Income

Business / Finance / Underwriting Income: The portion of the gross underwriting spread that compensates the securities firms that underwrite a public offering for their services. MORE

Underwriting Impairments

Health / Health Insurance / Underwriting Impairments: Factors that tend to increase an individual's risk above that which is normal for his or her age. MORE

Underwriting Fee

Business / Finance / Underwriting Fee: The contract between a corporation issuing new publicly offered securities and the managing underwriter as agent for the underwriting group. Compare to agreement among underwriters. MORE

Underwriting Manual

Health / Health Insurance / Underwriting Manual: A document that provides background information about various underwriting impairments and suggests the appropriate action to take if such impairments exist. MORE

Underwriting Requirements

Health / Health Insurance / Underwriting Requirements: Requirements, sometimes relating to group characteristics or financing measures, that MCOs at times impose in order to provide healthcare coverage to a given group and which are designed to balance a MORE

Underwriting Syndicate

Business / Finance / Underwriting Syndicate: The income that is generated by the underwriting syndicate and the selling group, which is essentially the difference between the amount paid to the issuer of securities in a primary distribution and MORE