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- Pooling is a system in which a large number of people purchase insurance as a group in order to lessen the cost of coverage. Essentially, the members of the pool who are deemed low-risk compensate for the elevated cost of insuring those who are high-risk.www.insuranceopedia.com/definition/3526/pooling
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Insurance Pool
An insurance pool is a gathering of insurance companies for a specific …
WebA health insurance risk pool is a group of individuals whose medical costs are combined to calculate premiums. Pooling risks together allows the higher costs of the less healthy to be offset by the relatively lower …
pool - IRMI
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WebJan 11, 2017 · Pooling is a concept that means sharing or spreading risk among a larger number of plan participants in order to gain rate stability or “comfort in...
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