Rated Up

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Rated Up

Describing an insurance policy with a higher premium because of an unusual or at least higher risk. For example, a health insurance policy will likely rate up a policy for an obese person.
References in periodicals archive ?
However, this increase in average premium must be viewed in light of the fact that under the Affordable Care Act some people receive subsidies and others do not face a premium rate-up or rejection due to an expensive pre-existing condition.
Obamacare premium increases accompanied by elimination of rate-ups and application rejections as well as subsidies for some consumers
If the policy isn't kept in force, the child, as an adult, will be subject to age-band rating, rate-ups for certain medical conditions or tobacco rates.