Risk pools are where premiums are only reflected in the high-risk plans.

Name: Risk pools are where premiums are only reflected in the high-risk plans.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Risk pools are mechanisms in the insurance industry used to distribute the financial risk associated with insuring individuals across a larger group, allowing for the inclusion of both high-risk and low-risk individuals, thus not only reflecting premiums in high-risk plans but across various risk levels.

Risk Pools Are Where Premiums Are Only Reflected in the High-Risk