Community ratings

Community ratings are a way of calculating insurance premiums based on the overall risk profile of a specific community or geographic area, rather than individual characteristics. This means that everyone within that community pays the same rate, regardless of personal health history or other factors. It's often used in health insurance, especially for plans like Medicare Part A, to promote fairness and stability. By pooling risk across the community, it helps keep premiums consistent and affordable for all residents, regardless of individual health differences.