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This excerpt taken from the LUX 20-F filed Jun 25, 2009. Managed
Vision Care Underwriting and Expenses - The Company sells vision insurance plans
which generally have a duration of up to five years. Based on its experience,
the Company believes it can predict utilization and claims experience under
these plans, including claims incurred but not yet reported, with a high degree
of confidence. Claims are recorded as they are incurred and certain other
membership costs are amortized over the covered period.
F-15 This excerpt taken from the LUX 6-K filed May 12, 2009. Managed vision care underwriting
and expenses. The
Company sells vision insurance plans which generally have a duration of up to
five years. Based on its experience, the Company believes it can predict
utilization and claims experience under these plans, including claims incurred
but not yet reported, with a high degree of confidence. Claims are recorded as
they are incurred and certain other membership costs are amortized over the
covered period.
This excerpt taken from the LUX 20-F filed Jun 26, 2008. Managed
Vision Care Underwriting and Expenses - The
Company sells vision insurance plans which generally have a duration of up to
five years. Based on its experience, the Company believes it can predict
utilization and claims experience under these plans, including claims incurred
but not yet reported, with a high degree of confidence. Claims are recorded as
they are incurred and certain other membership costs are amortized over the
covered period.
This excerpt taken from the LUX 6-K filed Jun 4, 2008. Managed
Vision Care underwriting and expenses. The Company sells
vision insurance plans which generally have a duration of up to five years.
Based on its experience, the Company believes it can predict utilization and
claims experience under these plans, including claims incurred but not yet
reported, with a high degree of confidence. Claims are recorded as they are
incurred and certain other membership costs are amortized over the covered
period.
This excerpt taken from the LUX 20-F filed Jun 29, 2007. Managed Vision Care Underwriting
and Expenses The Company sells vision insurance plans which
generally have a duration of up to five years. Based on its experience, the
Company believes it can predict utilization and claims experience under these
plans, including claims incurred but not yet reported, with a high degree of
confidence. Claims are recorded as they are incurred and certain other membership
costs are amortized over the covered period.
This excerpt taken from the LUX 6-K filed May 25, 2007. Managed
vision care underwriting and expenses - The Company sells
vision insurance plans which generally have a duration of up to five years.
Based on its experience, the Company believes it can predict utilization and
claims experience under these plans, including claims incurred but not yet
reported, with a high degree of confidence. Claims are recorded as they are
incurred and certain other membership costs are amortized over the covered
period.
This excerpt taken from the LUX 20-F filed Jun 28, 2006. Managed
Vision Care Underwriting and ExpensesThe Company sells vision insurance plans which generally have a
duration of up to two years. Based on its experience, the Company believes it
can predict utilization and claims experience under these plans, including
claims incurred but not yet reported, with a high degree of confidence. Claims
are recorded as they are incurred and certain other membership costs are
amortized over the covered period.
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