LCR stands for Lifetime Community Rating. It is an Irish government initiative to encourage people to get health insurance at a younger age. It helps to balance the cost of health insurance for everyone by having both younger and older people included in this universe. 

How does it work? Well, if a person enrols in a health insurance plan for the first time after 35 years of age, a late entry loading of 2% per uncovered year might be applied to their premium, which can increase the cost of your policy. You can be charged 2% for every year that you are over the age of 34 without any health insurance. This is capped at 70%, and it's payable for 10 years. The fee will then remain the same year to year.

Lifetime Community Rating is underwritten into all quotes. It is based on the policyholder's personal details. it's a unique figure that cannot be included in the initial cost of a plan, thus something that we'll only display on the final quote - if applicable.