Learning Center > Glossary-Terms > Age Change

Age Change

Date on which a person becomes one year older is an age change. Age is often one factor used to determine premium rates. Premium usually increases with age, reflecting normally increasing medical costs as an individual grows older.

Note: These definitions are provided only to give you a general understanding of how these words are sometimes used by health insurance companies. Please refer to your coverage documents for a complete list of defined terms that apply to your specific coverage.
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