which regulate these practices vary from state to state. Currently many insurance companies charge rates according to the health of each applicant for individual policies. Generally the person’s age, gender and occupation are factors in determining rates. Current and pre-existing conditions are also factors in establishing prices.
The Health Status Rating is a rating system which charges higher premiums to people who have medical conditions or a history of medical conditions. Oftentimes, a health status rating is used for people who are joining a health plan for the first time. This is primarily used for individual and small group health plans.
The Health Status Rating system specifies certain conditions which could increase the likelihood that new clients may need health care. In these cases a person who might need health care could pay more than one who does not indicate a need for health care. Currently insurance companies can decide to offer or decline insurance coverage to people with certain underlying conditions. However, beginning in 2014 under the new health care insurance law they may not be able to do this.
Employers seeing their health insurance costs increase are raising rates. They can do this by requiring some workers to either pay higher deductibles or increase the costs of their policies. Individuals and families who don’t have employer-provided health insurance are particularly vulnerable to high rates because they must pay for the total insurance bill on their own.
One national company has requested that employees must reveal their weight, height, body fat and blood pressure. The company referred to this as a “health screening and wellness review.” Employ