Examples of Community rating in a sentence
Community rating, in effect, bars insurance companies from charging higher premiums to those with preexisting conditions.But these two provisions, Congress comprehended, could not work effectively unless individuals were given a pow- erful incentive to obtain insurance.
Community rating also protects the relative level of premiums, not the absolute level.
Due to these efforts the City is ranked highly in the NFIP Community rating system which entitles residents to purchase NFIP insurance and receive a 15% reduction in flood insurance rates.
Community rating, in effect, bars insurance companies from charging higher premiums to those with preexisting conditions.But these two provisions, Congress comprehended, could not work effectively unless individuals were given a pow erful incentive to obtain insurance.
Community rating ensures that older Australians and other high risk groups do not have to pay more for their private health insurance premiums.