The Community Rating Does Not Take into Account Claims History

question 5

True/False

The community rating does not take into account claims history of health status when setting premiums.

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Definitions:

Income Growth

An increase in the amount of money received from work, investment, or other sources, over time, contributing to economic expansion or personal wealth.

World's Population

The total number of people currently living on Earth.

World's Output

The total production of goods and services by all countries and economies worldwide over a specified period of time.

Poorest 20 Percent

The segment of the population with the lowest income, representing the bottom quintile in the distribution of income or wealth.