HEALTH ALLIANCE
\hˈɛlθ ɐlˈa͡ɪ͡əns], \hˈɛlθ ɐlˈaɪəns], \h_ˈɛ_l_θ ɐ_l_ˈaɪə_n_s]\
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An organization of insurers or reinsurers through which particular types of risk are shared or pooled. The risk of high loss by a particular insurance company is transferred to the group as a whole (the insurance pool) with premiums, losses, and expenses shared in agreed amounts.
By DataStellar Co., Ltd
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"