Explore adverse selection in insurance, identify risks, and learn how insurers safeguard against it. Understand premium impacts and protection strategies.

Learn about monopolistic state funds, government-operated insurance solutions required in some states to address workers' compensation challenges and market issues.

Adverse selection in health insurance happens when sicker people—or those who present a higher risk to the insurer—buy health insurance while healthier people don’t buy it. Adverse selection can also ...