by amit » Wed Feb 11, 2009 11:42 am
According to a study by the National Women's Law Center, a 25-year-old woman in the Lone Star State will pay as much as 22 percent more than men do when buying individual coverage if she is not covered under an employer's health plan. A 40-year-old woman will pay as much as 37 percent more.
"Women are being charged more, simply because they're women," said Judy Waxman, who worked on the study.
Can there be any base or reason why this change in insurance rates is observed with women as compared to men? aaannnnnnnyyyyy expert comment :roll: :roll:
Posted: Fri Apr 17, 2009 10:35 pm Post Subject: Women are charged more untill age 55
Hi there.
Women are charged more untill age 55 because they can get pregnant and have more things that can go wrong. The cross over for men to pay more is age 55. Group insurance is the great leveller. No pre-existings. Call me an I will explain more. (link removed by mod-lori..NO ''hawking'' of your wares in the threads PLEASE! )
Posted: Tue Apr 21, 2009 04:11 pm Post Subject:
The previous few posts are correct. At higher ages, the equation changes and men are charged more for health insurance.
Most Medicare Supplement companies for example charge men significantly higher premiums than women. The exception are the companies who have decided to charge the same premium for both. In those cases, it's arguable that their rates are slightly inflated for everyone to compensate.
Posted: Wed Apr 22, 2009 07:22 pm Post Subject:
The difference in premiums is caused by claims experience. That's it. Young women have higher morbidity and lower mortality. That means that they should be charged more for health (disability insurance also) insurance and less for life insurance.
Posted: Wed Apr 22, 2009 07:28 pm Post Subject:
Young women have higher morbidity and lower mortality
Expert can you please explain this sentence in a broad manner.Its really a conclusive statement but if you can shed some light on the exact difference between morbidity and mortality then it will further simplify the topic. :arrow:
Posted: Wed Apr 22, 2009 07:39 pm Post Subject:
morbidity =health issues
mortality=death
Posted: Thu May 07, 2009 02:23 am Post Subject:
i think that's women after a certain age are weaker than men and maybe they will be easier to catch illness than man. so they been charged more.
and there are much more parts on wemen's health than men have.
Posted: Thu May 07, 2009 09:41 am Post Subject:
Most Medicare Supplement companies for example charge men significantly higher premiums than women.
Any particular reason for that?
By the way, I think that even at the younger age men are at higher risk of heart realted deceases than the women of same age group. Are women charged more only because they are more vulnerable during the child bearing age or there are other factors too?
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