3 ms·
sounds nice but I wonder how it works in practice. Did they just raise premiums for women to match the higher men’s premiums?
by shrumm 8y ago
sounds nice but I wonder how it works in practice. Did they just raise premiums for women to match the higher men’s premiums?
- watwut 8y agoDunno, it was few years ago, so prices moved anyway overtime due to other market influences. Effectively, it does not matter whether it moved up for women initially or down for men, as wish to earn combined with competition among insurance companies should move prices over time somewhere to middle.
- gaius 8y agoDid they just raise premiums for women to match the higher men’s premiums? Well, that’s equality, it goes both ways and either you believe in it or you don’t. I am fairly sure they just averaged out the price. Women also had their retirement age raised to match men’s only recently too. https://www.theguardian.com/money/2016/jan/09/state-pension-inequality-cost-women-20000-campaign https://www.theguardian.com/money/2016/jan/09/state-pension-...