Insurance
hideInsurance, 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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News tagged with insurance
Cellphone powers back pain chip in Taiwan
Nov 27, 2009 |
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Taiwanese researchers have developed a chip to treat backpain that is powered by mobile phone, a member of the team said Friday.
Understanding the pros and cons of health overhaul
Nov 28, 2009 |
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(AP) -- Maybe you've been reading the health care bill in your spare time. Then perhaps you can answer this question:
Canadian woman loses benefits over Facebook photo
Nov 22, 2009 |
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(AP) -- A Canadian woman on long-term sick leave for depression says she lost her benefits because her insurance agent found photos of her on Facebook in which she appeared to be having fun.
Drug ads ineffective for boosting sales, could cost taxpayers: study
Nov 23, 2009 |
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US Taxpayers may be on the hook for the high cost of drug advertising that does little to boost sales, according to a new study led by a University of British Columbia health policy researcher.
Children who lack continuity with a regular health care provider miss needed services
Nov 23, 2009 |
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Low-income children who don't access health care from the same place or provider over the long term are significantly more likely to have unmet health care needs compared with those do, according to a new study published ...
Dispensing prescription drugs in 3-month supplies reduces drug costs by a third
Nov 20, 2009 |
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Purchasing prescription drugs in a three-month supply rather than a one-month supply has long been regarded as a way to reduce the cost of drugs for patients and third-party payers. New research from the University ...
New mammogram advice raises questions, concerns
Nov 16, 2009 |
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(AP) -- For many women, getting a mammogram is already one of life's more stressful experiences. Now, women in their 40s have the added anxiety of trying to figure out if they should even be getting one at ...
Poll: Support for curbs on malpractice lawsuits
Nov 19, 2009 |
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(AP) -- Most Americans want Congress to deal with malpractice lawsuits driving up the cost of medical care, says an Associated Press poll.
Uninsured more likely to die after trauma
Nov 16, 2009 |
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Americans without health insurance appear more likely to die following admission to the hospital for trauma than those with health care coverage, according to a report in the November issue of Archives of Surgery.
