In this context, the process of determining the cost of the insurance provided by a health plan for a given set of benefits.
Determining the price that an investor will pay to purchase shares of stock in an enterprise . Price is determined on the basis of the full value of the company.
The process of developing the rates for charging an entityĆs products and services. Prices can be based on market rates, full cost or partial cost. Products and services can also be supplied at no cost, reflecting community service obligations.
Pricing integrates supply and demand analysis to determine equilibrium price and quantity for a market or individual firm. Traditionally, monopoly, oligopoly, and perfect competition markets are distinguished. An appropriate pricing strategy can enhance profit performance at three levels: the supply/demand level, the product/market level, and the transaction level. Change programs may be needed to capture identified pricing opportunities. Reference: "Managing Price, Gaining Profit", Mike Marn and Rob Rosiello, Harvard Business Review, Sept./Oct. 1992.
The process of determining premium rates, dividend scales, interest crediting rates, and miscellaneous fees, charges, and credits on a company's products.
Determining coffee menu prices based on quality and cost of blend, brewing formula, portion size of cup, refill policy, style of restaurant, comparable restaurant prices, and retail coffee market prices.
The job of the underwriter to determine the price it will pay the company for a security. It is usually done the day before the sale of the security.
Determining the amount to be charged to the owner/client to fully include the direct and indirect cost items, as well as contingency and profit (AACE International, 1992).