Rating

Rating

The process of calculating the appropriate premium to charge purchasers, given the degree of risk represented by the individual or group, the expected costs to deliver medical services, and the expected marketability and competitiveness of the MCO's plan.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Health care
Category: General
Company: Blue Cross Blue Shield
Product:
Acronym-Abbreviation:

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