News tagged with insurance

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

Latest supreme court ruling on Obamacare looms

(HealthDay)—Millions of Americans who bought health insurance under Obamacare will soon learn the fate of billions of dollars in federal tax credits that keep their monthly health plan premiums affordable.

Jun 16, 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.

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