Health Financing & Insurance

Terms for how health systems raise and pool funds, insure populations and pay providers.

  • Topic: Health Financing & Insurance
  • 39 terms
  • Editor reviewed

2 terms

Activity-Based FundingABF, Activity-Based Payment

A hospital funding model allocating resources based on the volume and type of clinical activities performed, rather than a fixed historical budget.

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Adverse SelectionAnti-Selection, Negative Selection

Adverse selection occurs when people use private information about their risk before an agreement to make participation or contract choices, causing those who select into a market or plan to differ systematically from the wider population.

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