A rated health insurance plan is one that includes a premium surcharge or load. The standard or preferred rate is insufficient to support the risk presented by the individual applying for health insurance.
In some cases the surcharge is temporary while some conditions may result in a permanent load.
Examples of a temporary load include tobacco use or excessive weight. Once the individual has stopped using tobacco products for a designated time period, or weight loss has been achieved and maintained, the premium loads may be removed.
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In some cases the surcharge is temporary while some conditions may result in a permanent load.
Examples of a temporary load include tobacco use or excessive weight. Once the individual has stopped using tobacco products for a designated time period, or weight loss has been achieved and maintained, the premium loads may be removed.