What Is a Flexible Spending Account?
What Is Windstorm Insurance?
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What Is Reinsurance?
June 13, 2024DEFINITION A reinsurer steps in to help the original insurer pay claims. Definition and Examples of Reinsurance The...
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Is the Insurance Market Hard or Soft?
June 13, 2024The property/casualty insurance industry is cyclical, continually fluctuating between a hard and soft market. These fluctuations...
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What Is Insurance Underwriting?
June 13, 2024DEFINITION Insurance underwriting is how an insurance company evaluates its risk. It helps an insurance company decide...
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What Is Medicare?
June 13, 2024DEFINITION Medicare is a health insurance program provided by the federal government for people who are at...
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How To Get Insurance To Cover Out-of-Network Charges
June 13, 2024You might need to use an out-of-network provider for several reasons. Maybe you experienced a medical...
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What Are Capitation Payments?
June 13, 2024DEFINITION Capitation payments are fixed payments to a medical provider from a state or a health...
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What Is a Loss Ratio?
June 13, 2024DEFINITION Loss ratio reflects the amount of money an insurer earns in premium receipts minus the...