Health · Chapter 14 · Group Health

Experience Rating (Large Groups)

Definition

Premiums for large groups (51+ members) are based on the group's own past claims history, plus size, average age, and industry hazard.

Exam tip

Large = experience (their own claims). Small = community (everyone else's claims).

Easy to confuse with

These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.