Although Experience Rating Allows Employer Groups to Benefit Directly from Their

question 48

True/False

Although experience rating allows employer groups to benefit directly from their own good claims experience, it does not provide economic incentive for risk managers to control claims.

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Definitions:

Squaring

The mathematical operation of multiplying a number by itself, resulting in a square power.

Airings

The number of times a television show, advertisement, or other media content is broadcast.

Life Expectancies

The average period that an individual is expected to live, based on current mortality and health trends.

TV Sets

TV sets refer to devices equipped with a tuner and a screen used for receiving and displaying television broadcasts.