Adjusted Community Rating

Definition of Adjusted Community Rating from the PharmacyDictionary.in

Adjusted Community Rating

“Adjusted Community Rating” is a term used in the insurance industry. It refers to an insurance premium that is determined based on a community rating, but adjusted for specific group demographics and the group’s prior experience. This method is also known as “prospective rating” or “factor rating”. It aims to balance the risk across a community while taking into account specific factors that may influence the risk level of a particular group. This approach is commonly used in health insurance pricing.

Not Available