1 |
trend factorThe percentage of increase used by an insurance company or plan to reflect the projected rise in healthcare costs. Calculation factors also include inflation, utilization, technology and geographic area.
|
2 |
trend factorA factor used in the loss forecasting process that accounts for increases over time in the dollar amount of losses sustained by an organization. Trend factors are applied to convert historical loss [..]
|
<< trend analysis | trespasser >> |