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[-] Banzai51@midwest.social 1 points 1 year ago

Larger pool, lower risk. That's one of the basics in actuary tables.

[-] scutiger@lemmy.world 3 points 1 year ago

That's now how it works. Adding a high-risk pool to a low-risk pool doesn't lower the overall risk. It averages it. Meaning the lower-risk pool has their costs increased, and the higher-risk pool has their costs decreased. Since the high-risk pool is much smaller than the low-risk pool, merging them is a negative for a larger population.

this post was submitted on 12 Jul 2023
169 points (100.0% liked)

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