The Premium of Health: Understanding the Mathematics of Insurance
15:05
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The Premium of Health: Understanding the Mathematics of Insurance
This podcast episode explains the math behind health insurance premiums, including risk pooling, the law of large numbers, and the role of actuaries. It covers the components of a premium (expected claims cost, administrative expenses, profit margin), the impact of regulations like the Medical Loss Ratio, and factors affecting individual ...
4 个月之前
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361K views | It only took us a year, but the walls are finally coming to life! Bundling home and auto insurance with Liberty Mutual can make life a little easier—and save you up to $950! Get a free quote today at LibertyMutual.com. #Ad #LibertyMutualPartner | Meteorologist Scot Pilie' | Facebook
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