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Health Insurance (prudential standard) determination No. 1 of 2025
Future Exposure Risk Charge — Health-relFuture Exposure Risk Charge — Health-related Insurance Business
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Future Exposure Risk Charge – Health-related Insurance Business
- The Future Exposure Risk Charge for Health-Related Insurance Business (FERHRIB) is calculated as the losses occurring over the 12 months from the reporting date due to the Prescribed Benefits Stress.
- Prescribed Benefit Stress for HRIB is an increase in forecast benefits incurred and other business expenses by the HRIB Stress % as defined in paragraph 14(d).