News tagged with insurance

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

The Affordable Care Act is another way to ration health care

The Affordable Care Act has enabled millions of previously uninsured people to obtain health insurance at reasonably low rates and has fixed some of the most vexing – and unfair – peculiarities in the US commercial insurance ...

Feb 04, 2015
popularity 4.5 / 5 (2) | comments 0

Americans still divided over Obamacare

(HealthDay)—The Affordable Care Act remains one of the most significant—and controversial—achievements of President Barack Obama's presidency.

Feb 19, 2015
popularity 1 / 5 (1) | comments 1

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.

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