What are “pooled” health insurance rates?
“Pooling” is the most common and, in our opinion, the fairest approach to setting health insurance rates. A health insurance company operating under a pure “pooled” approach uses the same method in determining rates for both new and existing clients, regardless of the client’s health status or claims history. In other words, insurance companies with “pooled” rates do not charge lower rates to entice new customers, while charging higher rates to long-time customers. This issue has very important implications for people intending to be enrolled in a health insurance plan for more than a year. Texas Health & Life favors health insurance companies using the “pooled” rating approach.
“Pooling” is, in our opinion, the most fair approach to setting health insurance rates. A health insurance company operating under a pure “pooled” approach uses the same method in determining rates for both new and existing clients, regardless of the client’s health status or claims history. In other words, insurance companies with “pooled” rates do not charge lower rates to entice new customers, while charging higher rates to long-time customers. This issue has very important implications for people intending to be enrolled in a health insurance plan for more than a year. Medequote favors health insurance companies using the “pooled” rating approach.
“Pooling” is a common and, in our opinion, the fairest approach to setting health insurance rates. A health insurance company operating under a pure “pooled” approach uses the same method in determining rates for both new and existing clients, regardless of the client’s health status or claims history. In other words, insurance companies with “pooled” rates do not charge lower rates to entice new customers, while charging higher rates to long-time customers.
“Pooling” is the most common and, in our opinion, the fairest approach to setting health insurance rates. A health insurance company operating under a pure “pooled” approach uses the same method in determining rates for both new and existing clients, regardless of the client’s health status or claims history. In other words, insurance companies with “pooled” rates do not charge lower rates to entice new customers, while charging higher rates to long-time customers. This issue has very important implications for people intending to be enrolled in a health insurance plan for more than a year. Ohio Life and Health favors health insurance companies using the “pooled” rating approach.
“Pooling” is the most common and, in our opinion, the fairest approach to setting health insurance rates. A health insurance company operating under a pure “pooled” approach uses the same method in determining rates for both new and existing clients, regardless of the client’s health status or claims history. In other words, insurance companies with “pooled” rates do not charge lower rates to entice new customers, while charging higher rates to long-time customers. This issue has very important implications for people intending to be enrolled in a health insurance plan for more than a year. Illinois Life and Health favors health insurance companies using the “pooled” rating approach.
