"In the healthcare sector, what is the term for a group of individual entities, such as individual persons, employers, or associations, whose healthcare costs are combined for evaluating financial history and estimating future costs?"

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02-12-2019
Health

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"In the healthcare sector, what is the term for a group of individual entities, such as individual persons, employers, or associations, whose healthcare costs are combined for evaluating financial history and estimating future costs?"

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sofiaplillo sofiaplillo · Answer 1 · 2019-12-04T21:16:20+01:00

Answer:

The term for a group of individual entities whose healthcare costs are combined for evaluating financial history and estimating future costs is risk pool.

Explanation:

Risk pool refers to the risks that a group of individual entities may experience, which are financially unbearable for the company, person or healthcare sector, therefore they are transferred to an insurance company, that can handle these situations. In the healthcare sector, medical history, and previous expenditures are taken into account to evaluate future costs and risks.