News tagged with insurance

Related topics: health insurance · health care · medicaid · affordable care · barack obama

Bearing the costs of illness

Although there is evidence that households are able to foresee health expenses to some degree, there is little or no evidence that these expectations have an effect on the actual take up of health insurance. When people have ...

Dec 15, 2015
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Down to the wire on Obamacare sign-ups

(HealthDay)—Health officials are urging Americans considering an Obamacare health plan for 2016 to act quickly to snag coverage and avoid rising penalties for remaining uninsured.

Dec 14, 2015
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Insurance

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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