Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.In 2012, spending on healthcare in the United States reached $2.8 trillion, representing 17.2 percent of GDP. This number amounts to $8,915 per person and is expected to grow as the provisions of the Affordable Care Act kick in over the next five years. According to the U.S. Census Bureau, young adults (aged 19 to 34) had the highest uninsured rate of any age group and accounted for about 40 percent of the uninsured population under the age of 65. This is also the group least likely to enroll in a health insurance exchange or sign up for coverage on www.healthcare.gov. Nevertheless, members of this cohort are slowly signing up for coverage under the Affordable care Act. But a report from the Department and Human Services indicates that only 24 percent of those enrolled through January of 2014 are in the 18-34 age bracket. The problem is that the Administration needs that percentage to be 40 percent in order for the overall costs to balance out.
Insurance companies pictures and news.
Insurance companies pictures.
Insurance companies list.