Community rating is a concept usually associated with health insurance, which requires health insurance providers to offer health insurance policies within a given territory at the same price to all persons without medical underwriting, regardless of their health status.
Pure community rating prohibits insurance rate variations based on demographic characteristics such as age or gender, whereas adjusted or modified community rating allows insurance rate variations based on demographic characteristics such as age or gender.
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Famous quotes containing the word community:
“I don’t think Dr. King helped racial harmony, I think he helped racial justice. What I profess to do is help the oppressed and if I cause a load of discomfort in the white community and the black community, that in my opinion means I’m being effective, because I’m not trying to make them comfortable. The job of an activist is to make people tense and cause social change.”
—Al, Reverend Sharpton (b. 1954)