Health / Health Insurance / Underwriting Impairments
Underwriting Impairments: Factors that tend to increase an individual's risk above that which is normal for his or her age.
Underwriting Manual: A document that provides background information about various underwriting impairments and suggests the appropriate action to take if such impairments exist.
Underwriting Income: The portion of the gross underwriting spread that compensates the securities firms that underwrite a public offering for their services.
Underwriting Requirements: Requirements, sometimes relating to group characteristics or financing measures, that MCOs at times impose in order to provide healthcare coverage to a given group and which are designed to . . . View Full Definition
Underwriting Syndicate: The income that is generated by the underwriting syndicate and the selling group, which is essentially the difference between the amount paid to the issuer of securities in a primary distrib . . . View Full Definition
Underwriting Spread: For an insurance company, the difference between the premiums earned and the costs of settling claims.
Underwriting Fee: This is a fee charged by the lender to evaluate whether the borrower qualifies for a mortgage loan. An underwriting fee may be charged to the borrower and shown on the Settlement Statement (HUD-1).
Underwriting Agreement: Acting as the underwriter in the issue of new securities for a firm.
Firm Commitment Underwriting: Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company.
Automated Underwriting: Computer systems that permit lenders to expedite the loan approval process and reduce lending costs.