Question
discuss the fairness of these approaches to both the insurance companies as well as society. there are in the question in the picture 10.
discuss the fairness of these approaches to both the insurance companies as well as society.
there are in the question "in the picture "
10. Here are some important social issues and that are dealt with in subsidization a) AIDS (Acquired Immune Deficiency Syndrome) who should pay for the costs of this virus? How should the cost be shared or spread? b) Automobile insurance a social right to drive the automobile so should costs be subsidized for people who have poor driving records or cannot afford the coverage? Question: In each of these important social issues, what discuss the fairest approach insurers can deal with subsidizing high-risk groups in a risk pool. Also discuss the fairness of these approaches to both the insurance companies as well as society.
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