Bulletin No. 87-07 Appendices
 

Rule 17. Appendix A reads as follows:

APPENDIX A

Michigan Prima Facie Credit Accident and Health Single Premium Rates

rates per $100.00 initial insured indebtedness per year

Months 14EX 30EX 14RX 30RX
1-12 1.50 1.15 2.20 1.50
13-24 2.15 1.50 3.00 2.15
25-36 2.90 2.05 3.80 2.85
37-48 3.25 2.35 4.30 3.20
49-60 3.60 2.70 4.70 3.55
61-72 3.90 2.85 5.05 3.75
73-84 4.20 3.05 5.40 3.95
85-96 4.45 3.25 5.70 4.05
97-108 4.75 3.45 6.00 4.20
109-120 4.95 3.60 6.30 4.35

14EX = 14 day nonretroactive, excluding preexisting conditions
30EX = 30 day nonretroactive, excluding preexisting conditions
14RX = 14 day retroactive, excluding preexisting conditions
30RX = 30 day retroactive, excluding preexisting conditions

R 550.218 APPENDIX B.

Rule 18. Appendix B reads as follows:

APPENDIX B

Michigan Prima Facie Credit Accident and Health Monthly Outstanding Balance Rates

rates per $1000.00 outstanding balance

Months 14EX 30EX 14RX 30RX
1 0.88 0.00 3.23 0.00
2 2.15 0.80 4.68 2.45
3 2.63 1.42 4.90 3.00
4 2.78 1.74 4.80 3.10
5 2.80 1.88 4.61 3.05
6 2.76 1.94 4.40 2.94
7 2.69 1.95 4.20 2.83
8 2.61 1.94 4.00 2.71
9 2.53 1.91 3.83 2.59
10 2.46 1.87 3.67 2.49
11 2.38 1.82 3.52 2.39
12 2.31 1.77 3.38 2.31
13 2.24 1.72 3.26 2.23
14 2.17 1.66 3.15 2.16
15 2.11 1.60 3.04 2.09
16 2.05 1.54 2.95 2.04
17 2.00 1.49 2.86 1.98
18 1.95 1.43 2.77 1.93
19 1.90 1.38 2.70 1.89
20 1.86 1.34 2.63 1.85
21 1.82 1.29 2.56 1.81
22 1.78 1.26 2.50 1.78
23 1.75 1.23 2.45 1.75
24 1.72 1.20 2.40 1.72
25 1.70 1.18 2.36 1.69
26 1.68 1.16 2.32 1.67
27 1.66 1.15 2.28 1.66
28 1.65 1.14 2.25 1.64
29 1.64 1.14 2.22 1.63
30 1.63 1.13 2.20 1.61
31 1.62 1.13 2.17 1.60
32 1.61 1.13 2.15 1.59
33 1.60 1.13 2.13 1.58
34 1.59 1.12 2.10 1.57
35 1.58 1.12 2.08 1.56
36 1.57 1.11 2.05 1.54
37 1.55 1.10 2.03 1.52
38 1.53 1.09 2.00 1.50
39 1.51 1.07 1.98 1.48
40 1.49 1.06 1.95 1.46
41 1.47 1.05 1.92 1.44
42 1.45 1.03 1.90 1.42
43 1.42 1.02 1.87 1.40
44 1.40 1.00 1.85 1.38
45 1.38 0.99 1.82 1.36
46 1.36 0.98 1.80 1.34
47 1.34 0.97 1.78 1.32
48 1.33 0.96 1.76 1.31
49 1.31 0.95 1.73 1.29
50 1.30 0.94 1.71 1.28
51 1.28 0.94 1.70 1.27
52 1.27 0.93 1.68 1.25
53 1.26 0.93 1.66 1.24
54 1.25 0.92 1.64 1.23
55 1.23 0.92 1.62 1.22
56 1.22 0.91 1.61 1.21
57 1.21 0.90 1.59 1.20
58 1.20 0.90 1.57 1.19
59 1.19 0.89 1.56 1.18
60 1.18 0.89 1.54 1.16
61 1.17 0.88 1.53 1.15
62 1.16 0.87 1.51 1.14
63 1.15 0.86 1.50 1.13
64 1.14 0.85 1.48 1.12
65 1.13 0.84 1.47 1.10
66 1.12 0.83 1.46 1.09
67 1.11 0.82 1.44 1.08
68 1.10 0.81 1.43 1.07
69 1.09 0.80 1.42 1.06
70 1.08 0.80 1.41 1.05
71 1.08 0.79 1.39 1.04
72 1.07 0.78 1.38 1.03
73 1.06 0.77 1.37 1.02
74 1.05 0.77 1.36 1.01
75 1.05 0.76 1.35 1.00
76 1.04 0.76 1.34 0.99
77 1.03 0.75 1.33

0.98
78 1.03 0.75 1.32 0.98
79 1.02 0.74 1.31 0.97
80 1.01 0.74 1.31 0.96
81 1.01 0.73 1.30 0.95
82 1.00

0.73

 1.29 0.95
83 0.99 0.72 1.28 0.94
84 0.99 0.72 1.27 0.93
85 0.98 0.71 1.26 0.92
86 0.98 0.71 1.25 0.91
87 0.97 0.70 1.25 0.90
88 0.96 0.70 1.24 0.90
89 0.96 0.70 1.23 0.89
90 0.95 0.69 1.22 0.88
91 0.94 0.69 1.21 0.87
92 0.94 0.68 1.20 0.86
93 0.93 0.68 1.20 0.86
94 0.93 0.68 1.19 0.85
95 0.92 0.67 1.18 0.84
96 0.92 0.67 1.18 0.84
97 0.91 0.67 1.17 0.83
98 0.91 0.66 1.16 0.82
99 0.90 0.66 1.15 0.82
100 0.90 0.66 1.15 0.81
101 0.90 0.65 1.14 0.81
102 0.89 0.65 1.14 0.80
103 0.89 0.65 1.13 0.80
104 0.89 0.65 1.12 0.79
105 0.88 0.64 1.12

0.79
106 0.88 0.64 1.11 0.78
107 0.88 0.64 1.11 0.78
108 0.87 0.63 1.10 0.77
109 0.87 0.63 1.10 0.77
110 0.86 0.63 1.09 0.76
111 0.86 0.62 1.08 0.76
112 0.85 0.62 1.08 0.75
113 0.85 0.62 1.07 0.75
114 0.84 0.61 1.07 0.74
115 0.84 0.61 1.06 0.74
116 0.84 0.61 1.06 0.73
117 0.83 0.60 1.06 0.73
118 0.83 0.60 1.05 0.73
119 0.83 0.60 1.05 0.72
120

0.82

 0.60 1.04 0.72

14EX = 14 day nonretroactive, excluding preexisting conditions
30EX = 30 day nonretroactive, excluding preexisting conditions
14RX = 14 day retroactive, excluding preexisting conditions
30RX = 30 day retroactive, excluding preexisting conditions

R 550.219 APPENDIX C.

Rule 19. Appendix C reads as follows:

APPENDIX C

Michigan Prima Facie Credit Accident and Health Single Premium Rates

rates per $100.00 initial insured indebtedness per year

Months 14EC 30EC 14RC 30RC
1 - 12 1.65 1.30 2.45 1.65
13 - 24 2.40 1.65 3.35 2.40
25 - 36 3.20 2.30 4.20 3.15
37 - 48 3.60 2.60 4.80 3.55
49 - 60 4.00 3.00 5.20 3.95
61 - 72 4.35 3.15 5.60 4.15
73 - 84 4.65 3.40 6.00 4.40
85 - 96 4.95 3.60 6.35 4.50
97 - 108 5.30 3.85 6.65 4.65
109 - 120 5.50 4.00 7.00 4.85

14EC = 14 day nonretroactive, covering preexisting conditions
30EC = 30 day nonretroactive, covering preexisting conditions
14RC = 14 day retroactive, covering preexisting conditions
30RC = 30 day retroactive, covering preexisting conditions

R 550.220 APPENDIX D

Rule 20. Appendix D reads as follows:

APPENDIX D

Michigan Prima Facie Credit Accident and Health Monthly Outstanding Balance Rates

rates per $1000.00 outstanding balance

Months 14EX 30EX 14RX 30RX
1 0.97 0.00 3.60 0.00
2 2.36 0.90 5.22 2.69
3 2.89 1.61 5.46 3.30
4 3.06 1.97 5.35 3.41
5 3.08 2.13 5.13 3.35
6 3.03 2.20 4.90 3.24
7 2.96 2.21 4.67 3.11
8 2.87 2.20 4.46 2.97
9 2.78 2.16 4.26 2.85
10 2.70 2.11 4.08 2.74
11 2.62 2.06 3.92 2.63
12 2.54 2.00 3.77 2.54
13 2.46 1.94 3.63 2.45
14 2.40 1.87 3.51 2.38
15 2.33 1.80 3.39 2.31
16 2.27 1.73 3.28 2.25
17 2.21 1.66 3.19 2.19
18 2.16 1.59 3.09 2.14
19 2.11 1.53 3.01 2.10
20 2.07 1.48 2.93 2.06
21 2.02 1.43 2.86 2.02
22 1.99 1.39 2.80 1.98
23 1.95 1.35 2.74 1.95
24 1.92 1.32 2.68 1.92
25 1.89 1.30 2.63 1.89
26 1.87 1.28 2.58 1.87
27 1.85 1.27 2.54 1.85
28 1.83 1.26 2.51 1.83
29 1.82 1.26 2.47 1.81
30 1.81 1.26 2.44 1.79
31 1.80 1.26 2.41 1.78
32 1.79 1.26 2.38 1.77
33 1.77 1.26 2.35 1.75
34 1.76 1.26 2.33 1.74
35

1.75

 1.25 2.30 1.72
36 1.73 1.24 2.27 1.70
37 1.71 1.23 2.24 1.68
38 1.69 1.22 2.21 1.66
39 1.67 1.20 2.19 1.64
40 1.64 1.19 2.16 1.62
41 1.62 1.17 2.13 1.59
42 1.60 1.15 2.11 1.57
43 1.57 1.13 2.08 1.55
44 1.55 1.12 2.06 1.53
45 1.53 1.10 2.03 1.51
46 1.51 1.09 2.01 1.48
47 1.49 1.07 1.98 1.47
48 1.47 1.06 1.96 1.45
49 1.45 1.05 1.94 1.43
50 1.44 1.04 1.91 1.42
51 1.42 1.04 1.89 1.41
52 1.41 1.03 1.87 1.39
53 1.40 1.03 1.85 1.38
54 1.38 1.02 1.82 1.37
55 1.37 1.01 1.80 1.36
56 1.36 1.01 1.78 1.34
57 1.35 1.00 1.76 1.33
58 1.33 1.00 1.74 1.32
59 1.32 0.99 1.72 1.31
60 1.31 0.98 1.70 1.30
61 1.30 0.97 1.69 1.28
62 1.29 0.96 1.67 1.27
63 1.28 0.95 1.66 1.25
64 1.27 0.94 1.64 1.24
65 1.26 0.93 1.63 1.23
66 1.25 0.92 1.61 1.21
67 1.24 0.91 1.60 1.20
68 1.23 0.90 1.58 1.18
69 1.22 0.89 1.57 1.17
70 1.21 0.88 1.56 1.16
71 1.20 0.87 1.55 1.15
72 1.19 0.86 1.53 1.14
73 1.18 0.86 1.52 1.13
74 1.17 0.85 1.51 1.12
75 1.17 0.84 1.50 1.11
76 1.16 0.84 1.49 1.10
77 1.15 0.83 1.48 1.09
78 1.14 0.83 1.47 1.08
79 1.13 0.82 1.46 1.08
80 1.12 0.82 1.45 1.07
81 1.12 0.81 1.44 1.06
82 1.11 0.81 1.43 1.05
83 1.10 0.80 1.42 1.04
84 1.09 0.80 1.41 1.04
85 1.09 0.79 1.40 1.03
86 1.08 0.79 1.39 1.02
87 1.07 0.78 1.38 1.01
88 1.07 0.78 1.38 1.00
89 1.06 0.77 1.37 0.99
90 1.05 0.77 1.36 0.98
91 1.05 0.76 1.35 0.97
92 1.04 0.76 1.34 0.96
93 1.04 0.75 1.33 0.95
94 1.03 0.75 1.33 0.94
95 1.03 0.75 1.32 0.94
96 1.02 0.74 1.31 0.93
97 1.02 0.74 1.30 0.92
98 1.01 0.74 1.29 0.91
99 1.01

0.73

 1.29 0.91
100 1.00 0.73 1.28 0.90
101 1.00 0.73 1.27 0.89
102 1.00 0.72 1.26 0.89
103 0.99 0.72 1.25 0.88
104 0.99 0.72 1.25 0.88
105 0.99 0.72 1.24 0.87
106 0.98 0.71 1.23 0.86
107 0.98 0.71 1.23 0.86
108 0.97 0.71 1.22 0.85
109 0.97 0.70 1.21 0.85
110 0.96 0.70 1.21 0.84
111 0.96 0.70 1.20 0.84
112 0.95 0.69 1.20 0.83
113 0.95 0.69 1.19 0.83
114 0.94 0.68 1.19 0.83
115 0.93 0.68 1.18 0.82
116 0.93 0.68 1.18 0.82
117 0.92 0.67 1.17 0.81
118 0.92 0.67 1.17 0.81
119 0.91 0.66 1.16 0.81
120 0.91 0.66 1.16 0.80

14EC = 14 day nonretroactive, covering preexisting conditions
30EC = 30 day nonretroactive, covering preexisting conditions
14RC = 14 day retroactive, covering preexisting conditions
30RC = 30 day retroactive, covering preexisting conditions

R 550.221 APPENDIX E.

Rule 21. Appendix E reads as follows:

APPENDIX E

CREDIBILITY TABLE

Average Number of Life Years
Incurred
Claim
Count
Life
Earned
Premium*
Health
Earned
Premium*
Credibility
Factor
C
Credit Life
Credit Disability Plans
Waiting Periods
 
14 Day
30 Day
        
1
1
1
1
0
0
.00
2,000
156
232
10
45,300
10,500
.25
2,400
190
283
12
54,400
12,700
.30
3,000
232
346
15
68,000
15,500
.35
3,600
284
423
18
81,500
19,000
.40
4,400
347
516
22
99,700
23,200
.45
5,400
424
630
27
122,300
28,400
.50
6,600
517
770
33
149,500
34,600
.55
8,100
632
940
40
183,500
42,300
.60
9,900
772
1,149
49
224,200
51,700
.65
12,100
943
1,403
60
274,100
63,200
.70
14,700
1,151
1,714
74
333,000
77,100
.75
18,000
1,406
2,093
90
407,700
94,200
.80
22,000
1,718
2,556
110
498,300
115,100
.85
26,900
2,098
3,122
134
609,300
140,500
.90
32,800
2,562
3,814
164
742,900
171,600
.95
40,000
3,130
4,658
200
906,000
209,600
1.00

 

*Prima Facie Basis ($.48/100/yr credit life rate and credit health rates in effect April 1, 1986).

The above integral numbers represent the lower end of the bracket for each C factor. The upper end is 1 less than the lower end for the next higher C factor.