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Personal Finance (Not Investing) • Medigappers: which plan do you have and why

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UHC in NJ is community rated as well. They have a large discount the dwindles each year, for 2024 they revamped the amount and how it dwindles at least in my zip code.
I'm curious how that "discount" works. Does that mean you get a big discount for your first year of enrollment that decreases each year. That sounds a lot like shadow age rating. Community rating means that everyone pays the same rate.
You are correct. By taking a little bit of the discount away each year, the UHC policy is actually an attained-age policy that is just called community-rated.

Statistics: Posted by ModifiedDuration — Fri Mar 22, 2024 8:59 pm — Replies 81 — Views 3776



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