What are the factors affecting premium?
Past Medical History –\n\n Your past medical records are crucial in deciding the premium amount. If you have a history of suffering from illnesses or have a pre-existing disease, then your premium will be higher. But if you have had no illness and have a relatively healthy life, then your premium will be lesser.
Which of the following factor can change the premium in health insurance?
Five factors can affect a plan's monthly premium: location, age, tobacco use, plan category, and whether the plan covers dependents. Notice: FYI Your health, medical history, or gender can't affect your premium.
What factors are used in the calculation of health insurance premiums?
Age of the Insured\n\n One major factor in determining premiums in health insurance is your age.