Question

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?

a) Limitation
b) Risk pool
c) In-network
d) Wrap-around

Answer 1

b. Risk pool

Step-by-step explanation:

Risk pool -

It is a type of risk management , where the various companies or people are merged together , in order to get proper protection against any hazard , is referred to as risk pool .

The process is usually used by the insurance companies .

The method helps to provide any financial history or future costs .

Hence ,

From the given scenario of the question ,

The correct option is b. Risk pool .