Choose all the factors that contribute to how health insurance premiums are determined

location, age, tobacco use, plan category.

Explanation:

The cost of the premium is determined by health insurance companies after assessing your lifestyle, medical history, pre-existing illnesses, and other similar factors. Most of the health insurance providers have their own set parameters and based on them they fix the quotation price.

How insurance companies set health premiums. Five factors can affect a plan's monthly premium: location, age, tobacco use, plan category, and whether the plan covers dependents. FYI Your health, medical history, or gender can't affect your premium.

The two most-cited reasons for these increases were government policy and lifestyle changes. Government programs like Medicare and Medicaid have increased overall demand for medical services-resulting in higher prices.