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An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project (subject to the usual exclusions). [1]
[18] One actuary opined that adverse selection could make the program financially unsustainable. If correct, this would be because too many people likely to need benefits later in life would buy the insurance, with people unlikely to need the benefits not buying because of the relatively high premiums and the fact the program was voluntary.
The Health Insurance Premium Payment Program (HIPP) is a Medicaid program that allows a recipient to receive free private health insurance paid for entirely by their state's Medicaid program. A Medicaid recipient must be deemed 'cost effective' by the HIPP program of their state. Ultimately, the program was made optional, and its use is minimal ...
The Pre-existing Condition Insurance Plan (PCIP) was a form of health insurance coverage offered to uninsured Americans who were unable to obtain coverage because of a pre-existing condition. These provided coverage to as many as 350,000 people to fill the gap until the Affordable Care Act went into effect in 2014.
Common Configuration Implementation Program; Constantly computed impact point; Paris Chamber of Commerce (Chambre de Commerce et d'Industrie de Paris) Contractor Controlled Insurance Program, an alternative to an Owner Controlled Insurance Program in the construction industry; Cross-Chain Interoperability Protocol, an omnibus blockchain feature ...
Worldwide Responsible Accredited Production (WRAP), formerly Worldwide Responsible Apparel Production, is an organization based in Arlington, Virginia, whose stated aim is promoting safe, lawful, humane and ethical manufacturing around the world. [1] It certifies factories according to twelve "Worldwide Responsible Apparel Production Principles".
The Federal Crop Insurance Corporation was a program created to carry out the government initiative to provide insurance for farmers' produce, which means that farmers would receive compensation for crops, even if they were not sustained in that year. [3] On September 26, 1980, the program was expanded through Public Law 96-365. [4]
In 2010 about 250 plans participate in the program. [3] About 20 plans are nationwide or almost nationwide, such as the ones offered by some employee unions such as the National Association of Letter Carriers, by some employee associations such as GEHA, and by national insurance companies such as Aetna and the Blue Cross and Blue Shield Association on behalf of its member companies.