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Politics : American Presidential Politics and foreign affairs
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To: i-node who wrote (70361)5/1/2014 4:44:57 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "The "risk" component is not about paying contracted charges."

Really? I thought that risk of paying more than you expected or 'wanted to', in other words: financial risk, was ALWAYS the 'risk' that people mostly focus on in insurance or re-insurance schemes.... Whether publicly sponsored, or privately.

Re: "It is about paying inordinately high charges as a result of a catastrophic incident."

Isn't that just a matter or degree? A point on a continuum?

Or are you saying it is a variation of type? (In which case you would be talking about particular types... exemplars such as catastrophe insurance, or - in the health care context: high risk pools.)
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