Respuesta :
Pooling is very beneficial because the cost of health care could be high and it could lead to significant costs.
What is premium?
A premium is an amount an individual pays for an insurance policy.
The premium may be paid monthly, quarterly, semi-annually, or annually.
An insurance policy is a contract between the insurance company and the individual.
The claim is the amount that is paid by the insurance company to the individual insured.
Insurance companies need to have a large number of people paying premiums to have the higher costs of the needy would have to be offset by the lower costs of the less needy.
If a risk pool is larger than it is, it is very helpful because it would make the premiums to be more stable as well as to be more predictable.
Pooling is very beneficial because the cost of health care could be high and it could lead to significant costs. Risk pooling would help to ensure that those that are in need would be able to afford it when necessary.
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