Under the Affordable Care Act, premiums will be built differently than they have been in the past in many states. Under the Affordable Care Act:
Composite rates, based on an average characteristic of the group, such as the average age of the employees, will no longer be quoted by the health insurance issuer, unless required by a state. As you will see later in this course, employers may choose to use a “calculated composite premium” method to minimize the effect of the employee’s age on the employee’s contribution toward coverage.
If you are an agent see Insurance Agents and Obamacare.
Obamacare Agents Call 877-532-3261. Consumers Call 862-262-2273