News tagged with insurance

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

Study reveals financial pain after hospitalization

Being hospitalized is tough enough strictly as a health matter. But now a study co-authored by an MIT professor reveals its painful financial impact as well: On aggregate, hospitalization and the health problems that cause ...

Feb 21, 2018
popularity3 comments 0

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

Subscribe to rss feed