|Health Insurance Age Discrimination
Dec 11, 2007
I work for a small company in Minnesota. We have age rated medical plan. As I get older the rate keeps going up. I realize that all costs go up but it seems that the percentage rate of the increase is higher the older rather than the rate for a younger person. How can insurance companies rated older people with higher rates? Is this not age discrimination? Has this been tested in court? Thank you
| Response from Ms. Franzoi
It is legal for a health insurance company to set their rates based on age.
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