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nib Group (nib, formerly Newcastle Industrial Benefits) is an Australian health care fund. It was established in 1952 to provide health insurance for workers at the BHP Newcastle Steelworks, and has since grown into a national and international operation. [1] As of 2017, nib held an 8.3% share of the Australian private health cover market. [2]
Net Insurance Benefits (NIBs) in their simplest forms, are the profits from a portfolio of life insurance policies. NIB is a term used in the life settlement industry to describe the net cash flows from a portfolio of life contingent assets commonly structured to pool assets together for purposes of diversification, favorable tax treatment, or other desirable portfolio characteristics.
The individual insured person's obligations may take several forms: [citation needed] Premium: The amount the policy-holder or their sponsor (e.g. an employer) pays to the health plan to purchase health coverage. (US specific) According to the healthcare law, a premium is calculated using 5 specific factors regarding the insured person.
NIB, nib or NiB may refer to: Nib (pen), the writing tip of a pen; The Nib, an online comic; Nib, partially processed cocoa bean; Twizzlers Nibs, a candy; Neodymium magnet or NIB (neodymium, iron, boron) N.I.B., a song by Black Sabbath.nib, Apple Interface Builder file format; Net insurance benefit; NiB, nickel boron, an electroless nickel alloy
The National Uniform Billing Committee (NUBC) is the governing body for forms and codes use in medical claims billing in the United States for institutional providers like hospitals, nursing homes, hospice, home health agencies, and other providers. The NUBC was formed by the American Hospital Association (AHA) in 1975. [3]
Median household income and taxes. The Federal Insurance Contributions Act (FICA / ˈ f aɪ k ə /) is a United States federal payroll (or employment) tax payable by both employees and employers to fund Social Security and Medicare [1] —federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.
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The three British National Insurance Funds hold the contributions of the National Insurance Scheme, set up by the Government of the United Kingdom in 1911. It was reformed in 1948 and assumed broadly its current form in 1975, when the separate National Insurance (Industrial Injuries) and National Insurance (Reserve) Funds were merged with it. [ 1 ]
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