Development and issuance of actuarial certification Clause Samples

The 'Development and issuance of actuarial certification' clause establishes the requirement for a qualified actuary to prepare and formally issue a certification regarding specific financial or insurance-related matters. In practice, this involves the actuary analyzing relevant data, applying actuarial methods, and producing a signed statement or report that attests to the accuracy and adequacy of reserves, premiums, or other actuarial calculations. This clause ensures that stakeholders receive an independent, expert assessment, thereby promoting transparency, regulatory compliance, and confidence in the financial soundness of the entity or arrangement in question.
Development and issuance of actuarial certification. An actuarial certification is included and signed by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, FSA, a Principal and Consulting Actuary of ▇▇▇▇▇▇▇▇, Inc. ▇▇. ▇▇▇▇▇▇ meets the qualification standards established by the American Academy of Actuaries and follows the practice standards established by the Actuarial Standards Board, to certify that the final rates meet the standards in 42 CFR 438.4(a).
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Development and issuance of actuarial certification. An actuarial certification is signed by ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, FSA, a Principal and Consulting Actuary of ▇▇▇▇▇▇▇▇, Inc. ▇▇. ▇▇▇▇▇▇ meets the qualification standards established by the American Academy of Actuaries and follows the practice standards established by the Actuarial Standards Board, to certify that the final rates meet the standards in 42 CFR 438.4(a).
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Development and issuance of actuarial certification. An actuarial certification is included and signed by ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, FSA, a Principal and Consulting Actuary in the Indianapolis office of ▇▇▇▇▇▇▇▇, Inc. ▇▇. ▇▇▇▇▇▇ meets the qualification standards established by the American Academy of Actuaries and follows the practice standards established by the Actuarial Standards Board, to certify that the final rates meet the standards in 42 CFR 438.4(a). 1 ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/asops/medicaid-managed-care-capitation-rate-development-and-certification/ 2 ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/Medicare-Medicaid-Coordination/Medicare-and-Medicaid-Coordination/Medicare-Medicaid-Coordination- Office/Downloads/OHMOU.pdf, page 37.
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Related to Development and issuance of actuarial certification

  • Additional Certifications Any certificate signed by any director or officer of the Corporation and delivered to an Agent or to counsel for such Agent in connection with an offering of Notes or the sale of Notes to an Agent as principal shall be deemed a representation and warranty by the Corporation to such Agent as to the matters covered thereby on the date of such certificate and at each Representation Date subsequent thereto.

  • Medical Certification (1) The University may require an employee to provide medical certification from a health care provider for FMLA leave without pay when taken for the serious health condition of the employee or the employee's family member. (2) Medical certification may be required to affirm the employee's ability to return to work and perform one or more of the essential functions of the job within the meaning of the Americans with Disabilities Act (ADA), after being absent on FMLA leave.

  • CLEC Certification 8.1 Notwithstanding any other provision of this Agreement, CenturyLink shall have no obligation to perform under this Agreement until such time as CLEC has obtained such FCC and Commission authorization(s) as may be required by Applicable Law for conducting business in the State as a competitive local exchange carrier. CLEC shall not be permitted to establish its account nor place any orders under this Agreement until it has obtained such authorization and provided proof of such to CenturyLink. For the life of this Agreement, CLEC must represent and warrant to CenturyLink that it remains a certified local provider of Telephone Exchange Service within CenturyLink’s Local Calling Area(s) in the State. At any time during the life of this Agreement, CLEC will provide a copy of its current Certificate of Operating Authority or other evidence of its status to CenturyLink upon request. CLEC’s failure to maintain such authorization(s) as may be required by Applicable Law for conducting business in the State as a CLEC shall be considered a Default of Agreement.

  • AS9100 Certification ‌ AS9100 Certification, specifies requirements for a quality management system to demonstrate the Contractor’s ability to consistently meet the customer requirements as well as statutory and regulatory requirements for the aerospace industry. An AS9100 Certification, is not mandatory; however, Contractors who desire to compete for work within the aerospace industry are encouraged to have AS9100 Certification, during the entire term of OASIS. The Contractor shall notify the OASIS CO, in writing, if there are any changes in the status of their AS9100 Certification, and provide the reasons for the change and copies of audits from an AS9100 Certification Body, as applicable. If only part of a Contractor’s organization is AS9100, certified, the Contractor shall make the distinction between which business units or sites and geographic locations have been certified.

  • Annual Certification The Contractor is required to submit an annual certification demonstrating compliance with the Warranty of Security to the Department by December 31 of each Contract year.