The experience rating of benefit plans achieves the ultimate degree of premium equity among policy holders.
In your essay, please comment on the following:
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now
- Define experience rating
- Why might this be a more fair way to rate benefit premiums?
- Why is it not used every time benefit premiums are rated?
- Are there any drawbacks to using experience rating and why?