risk equalisation
A process that attempts to overcome differences in insurers’ costs due to differing…A process that attempts to overcome differences in insurers’ costs due to differing levels of health among members of competing insurance companies.
Meaning
1 senses(uncountable)A process that attempts to overcome differences in insurers’ costs due to differing levels of health among members of competing insurance companies.
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable