Common use of Rating Variations Clause in Contracts

Rating Variations. Contractor shall charge the premium rate in each geographic rating area for each of Contractor’s QDPs as agreed upon with Covered California. Contractor may vary premiums by geographic area, and family size, and age band as permitted by applicable laws, rules and regulations, including 45 C.F.R. § 156.255(b). Contractor agrees to charge the same rate for Covered California Enrollees who are 18 years old or younger and the same rate for Covered California Enrollees who are 19 years of age or older within each geographic rating area.