GVHR » Topics » We may be required to provide significant cash collateral for our obligations to our insurance providers and the amount of cash necessary to provide that collateral may increase in the future.

These excerpts taken from the GVHR 10-K filed Mar 17, 2008.

We may be required to provide significant cash collateral for our obligations to our insurance providers and the amount of cash necessary to provide that collateral may increase in the future.

        Our workers' compensation provider requires, and our health care insurance providers may in the future require, cash collateralization of our insurance plans. The extent of such requirements is dependent upon several factors such as our financial condition, as well as the workers' compensation and health insurance claims experience of our clients. We have little control over our clients' claims experience except in the decision to initially accept and retain such clients. These collateral requirements may affect our need for capital, as well as our profitability. We may not be able to raise or provide the additional capital or collateral, if needed. In addition, we may be required to post additional collateral for the benefit of our insurance providers as a result of growing our business, which amounts could be significant, and may cause a significant amount of our cash to be restricted from other uses.

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We may be required to provide significant cash collateral for our obligations to our insurance providers and the amount of cash necessary to provide that collateral may increase in the future.





        Our workers' compensation provider requires, and our health care insurance providers may in the future require, cash collateralization of our insurance plans. The
extent of such requirements is dependent upon several factors such as our financial condition, as well as the workers' compensation and health insurance claims experience of our clients. We have
little control over our clients' claims experience except in the decision to initially accept and retain such clients. These collateral requirements may affect our need for capital, as well as our
profitability. We may not be able to raise or provide the additional capital or collateral, if needed. In addition, we may be required to post additional collateral for the benefit of our insurance
providers as a result of growing our business, which amounts could be significant, and may cause a significant amount of our cash to be restricted from other uses.



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This excerpt taken from the GVHR 10-K filed Mar 16, 2007.
We may be required to provide significant cash collateral for our obligations to our insurance providers and the amount of cash necessary to provide that collateral may increase in the future.
 
Our workers’ compensation provider requires, and our health care insurance providers may in the future require, cash collateralization of our insurance plans. The extent of such requirements is dependent upon several factors such as our financial condition, as well as the workers’ compensation and health insurance claims experience of our clients, over which we have little control except in the decision to initially accept and retain such clients. These collateral requirements may affect our need for capital, as well as our profitability. We may not be able to raise or provide the additional capital or collateral, if needed. In addition, we may be required to post additional collateral for the benefit of our insurance providers as a result of growing our business, which amounts could be significant, and may cause a significant amount of our cash to be restricted from other uses.
 
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