TeachMeFinance.com - explain Actuarial Rates
Actuarial Rates The term 'Actuarial Rates ' as it applies to the area of Medicare in the United States can be defined as 'One half of the expected monthly cost of the SMI program for each aged enrollee (for the aged actuarial rate) and one half of the expected monthly cost for each disabled enrollee (for the disabled actuarial rate) for the duration the rate is in effect'.
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