Minn. R. agency 120, ch. 2740, ACTUARIAL EQUIVALENCE OF QUALIFIED PLANS AND QUALIFIED MEDICARE SUPPLEMENT PLANS, pt. 2740.9979
Current through Register Vol. 49, No. 28, January 6, 2025
The examples which follow assume that the actuarial equivalence of a series of plans is being calculated for calendar year 1985. Inflation was assumed to be 15.5 percent and 8.0 percent for hospital related and all other services, respectively.
| ASP value for 1984 | 190* |
| ASP value for current year (1985*) | 220* |
| SURG value for 1984 | 4,000.00 |
| SURG value for current year (1985*) | 4,320.00* |
| ASP factor for 1985* | 1.155* |
| SURG factor for 1985* | 1.080* |
| COMP factor for 1985* | 1.121* |
*Estimated. Please substitute the actual values.
The following are the revised point values used to determine plans which are actuarially equivalent to qualified plans 1, 2, and 3 for 1985.
| Qualified Plan Number | If plan has the indicated number of points then plan is actuarially equivalent to the qualified plan in: | |
| 1984 | 1985 | |
| 3 | 1192 + points | 1216 + points |
| 2 | 911 + points | 957 + points |
| 1 | 767 + points | 847 + points |
| Nonqualified | Less than 767 | Less than 847 |
Minn. R. agency 120, ch. 2740, ACTUARIAL EQUIVALENCE OF QUALIFIED PLANS AND QUALIFIED MEDICARE SUPPLEMENT PLANS, pt. 2740.9979
Statutory Authority: MS s 62E.09