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"They don't function as insurer of last resort anymore," he said.
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Already, most insurance companies barely function as insurers.
Large exposures as insurers of troubled derivatives to their capital bases have raised questions about the bond insurers' ability to continue writing new business.
The titles function as apostrophes of meaning.
Yet it seems that time and again market institutions find ways to use the government's regulatory and insurer-of-last-resort functions as countervailing forces against their competitors and, in the end, against the very public these functions were meant to protect.
Since these institutions function as third-party insurers and solely have the responsibility for management, informing clients about the mechanism of health insurance (like, risk pooling) and the importance of solidarity for combating healthcare expenditure through health insurance (like, social and community-based health insurance) may not be their primary concern.
"We had to put together a program that would act as the primary insurer of boats".
As the function of pension insurers is to provide pension payments, they follow the survival of pensioners very carefully, using several sources: information from the pay-out service of the German Post (Postrentendienst), which receives death notices from the registrar's office or from the undertaker; information provided by surviving dependents; or information about pensions not delivered.
IMF as insurer?
An alternative operation of EOPYY functioning primarily as an insurer whereas its proprietary units are integrated with these of the NHS is proposed.
It's impossible to be certain, but many experts think the subsidies would function as a built-in safeguard against a severe market collapse -- "the news about United does not presage a death spiral," Kingsdale said -- because that financial assistance keeps coverage cheap for millions of lower- to middle-income people, even if insurers raise their premiums.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com