antiselection

antiselection definition - business

antiselection

The tendency of people most likely to experience a loss to be more likely to buy or continue insurance coverage for such a loss. For example, people who continually experience illness are more likely than healthy people to buy or continue health insurance.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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