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The term risk reduction refers to: Group of answer choices the financial payoff from an insurance policy in the event of a loss. the reduction
The term risk reduction refers to:
Group of answer choices
the financial payoff from an insurance policy in the event of a loss.
the reduction in utility experienced by risk-averse individuals when they purchase insurance.
the reduction in Medicare payments that results from poor scores on patient risk measures.
actions that reduce the likelihood that an insured event occurs.
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