3 ms·
The secondary purpose of insurance is for the best-positioned allocator of risk to explore new means of reducing risk by leveraging lower premiums against adopt
by singleshot_ 3y ago
The secondary purpose of insurance is for the best-positioned allocator of risk to explore new means of reducing risk by leveraging lower premiums against adoption of risk reduction methodologies.
In other words, an insurance market that does not influence doctors’ behavior seems to be a pretty inefficient insurance market.