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FastCo Inc. has had rapid expansion this past year and increased its workforce by 10%. Group insurance participation was over 90%. FastCo Inc. received an

FastCo Inc. has had rapid expansion this past year and increased its workforce by 10%. Group insurance participation was over 90%. FastCo Inc. received an increase of 8% on their renewal rates and does not understand why. They were expecting lower rates due to the larger group. What does the premium calculation take into account?

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