asked 17.8k views
5 votes
Explain the concept of “risk pooling” and how it relates to health insurance.

1 Answer

2 votes

Answer:

A “Risk pool” is a form of risk management that is mostly practiced by insurance companies, which come together to form a pool to provide protection to insurance companies against catastrophic risks such as floods or earthquakes. (maybe thos will help u friend)

answered
User Tim Weber
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