Home > Term: manual rating
manual rating
A rating method under which a health plan uses the plan's average experience with all groups - and sometimes the experience of other health plans - rather than a particular group's experience to calculate the group's premium. An MCO often lists manual rates in an underwriting or rating manual.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: Blue Cross Blue Shield
0
Creator
- Jessehe
- 40.13% positive feedback