Federal Employees Group Life Insurance Program Hearing Before the Subcommitte
Federal Employees Group Life Insurance Program Hearing Before the Subcommitte
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In our eReader you can find the full English version of the book. Read Federal Employees Group Life Insurance Program Hearing Before the Subcommitte Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Federal Employees Group Life Insurance Program Hearing Before the Subcommitte
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To quickly assess the difficulty of the text, read a short excerpt:
I think right here — I don't think it would be very much, and it's very difficult to ascertain even any kind of a figure.
There will be receipts coming into the Federal Government, then, of course, there will be some expenditures.
Judge Mannes, do you have any handle on that?
Judge Mannes. My understanding is that the rates would be ad- justed, that like any market for life insurance, that if the experi- 20 ence were such that more money was going out, that there would be an upward adjustment i...n the premiums, or downward, if the system continues to build a surplus, as it appears to be doing now.
Ms. Norton. So, you are saying that there would be no direct spending cost to the Government above and beyond what has been experienced, what is now being experienced.
Judge Mannes. That's my understanding. There might be, as with any sort of insurance, there might be a given year, or there might be a virus that hits judges who have this optional coverage, and we may lose a number. But, if that is the case, and if there is bad experience rating, then the premiums are similarly adjusted.
What to read after Federal Employees Group Life Insurance Program Hearing Before the Subcommitte?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Post to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
I think right here — I don't think it would be very much, and it's very difficult to ascertain even any kind of a figure.
There will be receipts coming into the Federal Government, then, of course, there will be some expenditures.
Judge Mannes, do you have any handle on that?
Judge Mannes. My understanding is that the rates would be ad- justed, that like any market for life insurance, that if the experi- 20 ence were such that more money was going out, that there would be an upward adjustment i...n the premiums, or downward, if the system continues to build a surplus, as it appears to be doing now.
Ms. Norton. So, you are saying that there would be no direct spending cost to the Government above and beyond what has been experienced, what is now being experienced.
Judge Mannes. That's my understanding. There might be, as with any sort of insurance, there might be a given year, or there might be a virus that hits judges who have this optional coverage, and we may lose a number. But, if that is the case, and if there is bad experience rating, then the premiums are similarly adjusted.
What to read after Federal Employees Group Life Insurance Program Hearing Before the Subcommitte?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Post to read onlineMoreLess
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