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These programs began as arrangements between insurers and reinsurers, but they can also be arrangements between any business and an insurer.Premiums paid by the corporation to finance potential losses are placed in an experience fund, which is held by the insurer.Over time, the insured pays for his or her own losses through a systematic payment plan, and the funds are invested for the client.Identify the risk program in discussion.
Paraplegia
A condition characterized by the partial or complete paralysis of the lower limbs and trunk, often resulting from spinal cord injury.
Furosemide
A medication used to treat fluid build-up due to heart failure, liver scarring, or kidney disease by acting as a diuretic to increase urine output.
Hearing Loss
A partial or total inability to hear, which can range from mild to profound and may affect one or both ears.
Acute Confusion
A mental state in which a person appears bewildered and may make inappropriate statements and answers to questions.
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