TeachMeFinance.com - explain Actuarial Balance
Actuarial Balance The term 'Actuarial Balance ' as it applies to the area of Medicare in the United States can be defined as ' The difference between the summarized income rate and the summarized cost rate over a given valuation period'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.