Insurance premiums are determined by actuaries employed by insurance companies, taking into consideration, the cost of advertising, selling, paying for services rendered by health care practitioners, administration of the ...read more
Health insurance premiums are determined by a number of variables: 1) Your age. The older you are the higher the premium. 2) Your current state of health. If you have had certain disease such as cancer, you will ha...read more
Well, all this is good and all but what many miss is that Underwriting determines your premium. Now after 2 or 3 years the effect of the Underwriting is diminished and the Insurance Company knows this, guess what happens ...read more
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