News tagged with insurance

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Measuring health care

When Oregon voted in 2008 to use a lottery to determine which low-income adults to add to its Medicaid rolls, Stephen Colbert mocked the effort as "gambling for health insurance."

Mar 19, 2015
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House leaders work toward bipartisan Medicare deal

In a rare show of unity, top House Republicans and Democrats are working toward a $200 billion agreement revamping how doctors are paid for treating Medicare patients, a package that would be largely financed by adding to ...

Mar 13, 2015
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Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

This text uses material from Wikipedia, licensed under CC BY-SA

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