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Evaluate.
Actuarial Risk Rating
The process of evaluating and categorizing the potential risk of individuals or entities, often used in insurance to determine premiums.
Retrospective Reimbursement
A payment model where healthcare providers are paid after services are delivered, based on the costs of the provided services.
Fee-For-Service
A payment model where services are unbundled and paid for separately, often seen in healthcare settings.
Cost-Efficient
Economically advantageous, achieving the best possible outcome or value with the least waste of resources or effort.
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