What is a carve-out in insurance?
A carve-out allows self-insuring employers to isolate specific risks within the scope of health insurance coverages they provide. The third-party vendor assumes financial risk for the carve-outs for which it receives a flat fee from the employer.
What is meant by carving out?
to create or obtain something that helps you by skillful activities: She carved out a reputation for herself as a high-powered lawyer.
What are carve-out benefits?
Carve-outs enable employers to contract with a separate company to “carve-out” benefits that focus on a specific disease, like diabetes, cancer or other specialty treatments. Employers can also carve-out a particular service, like pharmacy benefits.
What is a carve-out fee?
Your attorney, to use the term of art, is suggesting that you agree to a “carve-out.” It is typical for a secured lender in a chapter 11 case to set aside an agreed-upon portion of the proceeds of its collateral for the purpose of paying professional fees incurred during a chapter 11 case.
What is an example of a carve-out?
Sometimes, a carve-out precedes a spinoff, which is another form of divestiture. For example, if a company works primarily in technology but has acquired a pharmaceutical company, it may divest it with a carve-out.
What does a carve-out candidate mean?
A sharp search firm also will request a list of “carve out” candidates from the client. These are executives the client has already interviewed — or has identified as prospects.
What is another word for carve-out?
What is another word for carve out?
| make | construct |
|---|---|
| contrive | draw up |
| forge | bring about |
| effect | grind out |
| work out | accomplish |
What is a carve-out on a lien?
Secured Creditors holding an enforceable lien may share a portion of their collateral, or its proceeds when liquidated, with others. That sharing is called a Carve-Out.
What happens in a carve-out?
In a carve-out, the parent company sells some of its shares in its subsidiary to the public through an initial public offering (IPO), effectively establishing the subsidiary as a standalone company. Since shares are sold to the public, a carve-out also establishes a new set of shareholders in the subsidiary.
Do carve-outs make sense?
Transactions analyzed were those exceeding $50 million between January 1990 and May 2000. shows that this perception is not entirely accurate. We found that the vast majority of carve-outs ultimately lead to changes in corporate control, and very few produce significant share price increases for the parent.
How do you use carve out?
Confidence, it’s something stars have to carve out of stone every morning with a kitchen knife. She had meant to rent a room, make her own way, carve out a place. By sticking to a few rich women, Emerald had managed to carve out a living.
What is the difference between spin off and carve out?
A carve-out allows a company to capitalize on a business segment that may not be part of its core operations as it still retains an equity stake in the subsidiary. A carve-out is similar to a spin-off, however, a spin-off is when a parent company transfers shares to existing shareholders as opposed to new ones.
How do you use carve-out?
What is carve-out risk?
At its most basic level, a carve-out transaction is a deal in which a subset of assets and liabilities are separated from, and disposed by, a larger enterprise.