Community rating

{
  "id": "MLC-T-INS-000855",
  "term": "Community rating",
  "field": "Insurance and risk management",
  "definition": "A method of setting health insurance premiums where all individuals or groups in a given geographical area are charged the same premium for the same coverage, regardless of their age, gender, health status, or other risk factors. This approach aims to spread the cost of healthcare across a broader population, promoting affordability and access. It is a key feature of some health insurance regulations, such as those under the Affordable Care Act.",
  "url": "https://mlchart.com/terminology/insurance/community-rating/"
}