What are the high -risk pools in insurance?
In the United States, high-risk funds of insurance companies who are insurance-mathematically intended for greater risk than all policyholders for the risk of insured against them are in the United States. For example, the high -risk funds of car insurance policyholders consist of drivers with poor driving records, indicating that they are at greater risk of car accidents than policyholders with good management records. In many cases, in many cases, the right to purchase the relevant insurance would usually be denied; These pools are set up to provide them with the opportunity to take insurance despite the risk. The insurer identifies these policyholders and the "pool" is together for insurance-mathematical purposes.
There are high -risk funds in many different categories of insurance. In most cases, the policyholders themselves pay higher insurance premiums; Part of the reason for the establishment of these pools is to protect other policyholders - the "normal" risk - from higher risks. For example, those who work in the enforcement areaRights and firefighting are considered to be a high -risk profession and when they buy life insurance, they usually introduce themselves into a high -risk fund set up for those who have a dangerous profession. Similar situations exist for people with dangerous hobbies such as Sky diving, diving and motorcycle races.
High-risk funds for automotive insurance-sealed "assigned" risk "pools in some countries-are found in most countries so that drivers with poor records can get insurance. Some states will order all insurance companies operating in the state to receive some drivers from a high -risk fund in high risk premiums to expand the risk. Newly licensed drivers, without driving record, are often included in the assigned risk pools for the first year or two of their careers in the area of driving, after which they can buy a mature suitable for their records.
High -risk funds of health insurance policyholders have long been a feature of the US health insurance market, but attracted new attention to the debate on health reform in the US, which culminated in 2010. The legislation for healthcare reform this year, starting in 2014. Between the enactment of Bill and that time was those to whom the coverage was denied for this reason
High risk funds in health insurance are controversial. Their supporters claim that the segregation of high -risk individuals is reduced for the remaining “normal risk”. Opponents point out that the point of insurance is to disseminate the risk, not aggregate, and that the segregation of some policyholders into the hirizic funds GH dramatically increases bonuses and creates a fund that is much more likely to need care.