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Instructions: Explain/Define the Following Terms

question 65

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Instructions: Explain/Define the following terms.
Charles Darwin


Definitions:

Universal Insurability

A principle aimed at ensuring all individuals can obtain insurance coverage, regardless of pre-existing conditions or other risk factors.

Affordable Care Act

Legislation enacted in the United States in 2010 aimed at improving access to health insurance, expanding Medicaid coverage, and encouraging healthcare reforms.

Pandemic Insurability

The concept of assessing and managing the risk and financial impact of a pandemic on the insurance industry.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not state controlled.

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