Underwriting Risk Prediction
CensusRater is an automated risk module that takes census data, compares it to actual claims of groups similar in size, in similar states with similar claims rates and provides expected medical claims costs. Brokers and carriers can quickly assess profitable groups without claims history or health questionnaires.
Close the Small Group Underwriting Gap
Armed with little, if any claims data, brokers submit small group underwriting requests to carriers that overwhelmingly result in uncompetitive quotes or a decline to quote response. For their part, carriers can't evaluate risk with little, or no claims data.