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Medicare and private insurance fees are the same: most private insurers base their fees on those paid by Medicare.
There may be a shock to motor premiums for young women in Britain, but in continental Europe many insurers base their premiums on the car and not the driver.
The broad investigation that New York's attorney general announced last week, questioning the "reasonable and customary" calculations on which insurers base reimbursements for out-of-network medical services, raised the lid on a particularly confusing part of the nation's health care system.
Car insurers base their premiums on the same sorts of models, using a person's driving record, gender, age and other factors to calculate their risk of having an accident in the future.
Most property insurers base their pricing on historical data, which makes the industry retrospective and thus inherently conservative.
But he said some insurers base their rate increases on expectations of future claims instead of hard figures.
Similar(51)
The military could, for instance, establish regional insurance panels that would take proposals from insurers based on price, claims-paying ability, suitability standards, complaint handling and solvency ratings.
All 50 state insurance commissioners agreed last June to investigate the practices of insurers based in their states.
All but four states -- Georgia, Iowa, New Hampshire and Vermont -- contain waivers for employers or insurers based on religious objections.
The company offered it to many major insurers based in the United States, but not to nearly every one.
The government compensates insurers based on the health of their enrollees at the start of the year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com