Sec. 128.306. - Claim costs.

(a) Claim Costs shall be estimated based upon the sum of the following factors: (1) Projected Paid Loss of the Participant for the upcoming fiscal year; (2) Projected change in Case Reserves of the Participant for the upcoming fiscal year; (3) Each Participant's share of the projected unallocated loss adjustment expense (ULAE) reserve for future administrative costs of the Self-Insurance Program; and (4) Projected Incurred But Not Reported (IBNR) Claims Expense for the Participant for the upcoming year. (Ord. 2018-380-E , § 2)