Definition of Actuarial Status

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TeachMeFinance.com - explain Actuarial Status



Actuarial Status

The term 'Actuarial Status ' as it applies to the area of Medicare in the United States can be defined as ' A measure of the adequacy of the financing as determined by the difference between assets and liabilities at the end of the periods for which financing was established'.

Previous 5 Terms:
Actual peak reduction
Actual Production History (APH)
Actuarial Balance
Actuarial Deficit
Actuarial Rates
Next 5 Terms:
Actuarially sound
ACTV
aculeiform
Acute
acute angle




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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