Aggregate Level Cost Method


Definition of "Aggregate level cost method"

Michael Badeaux real estate agent
Michael Badeaux Wilkinson ERA

Actuarial method of calculating benefits and their costs for all the employees as a group rather than for each individual employee. The costs of the benefits are measured in the form of a percentage of the total payroll for the employee group.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions