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community rating

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community rating
Managed care The setting of insurance premiums based on the community's demographics and claims experience, without adjusting for the group's median age, gender, and health conditions. See Premium, Experience Rating.


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Flood insurance premiums drop Lane County has lowered its flood insurance premiums by 15 percent after being accepted into the National Flood Insurance Program's Community Rating System, the county said.
Nonetheless, imposing community rating and guaranteed issue would create far more problems than it would solve.
Two alternative pricing strategies emerged: community rating systems and experience rating systems.
 
 
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