experience-rated premium

experience-rated premium

A premium that is based on the anticipated claims experience of, or utilization of service by, a contract group according to its age, sex, constitution, and any other attributes expected to affect its health service utilization and that is subject to periodic adjustment in line with actual claims or utilization experience.

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Industry/Domain: Health care; Insurance
Category: Managed care; Health insurance
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Tea Party-backed candidate Sasse wins GOP Senate primary in Nebraska

Tea Party favorite Ben Sasse won the Republican nomination for an open Senate seat in Nebraska Tuesday night, after a heated and costly primary battle ...