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You don't have to hedge against the whole loss - just mitigating the loss is fine and $3,700 is a good amount of mitigation (74%)!
Analysts at Dresdner Kleinwort cited Novartis's better-than-expected cost containment, especially in cost of goods sold, as a factor in mitigating the loss of the blood pressure medicine Lotrel, which is facing generic competition, and the bowel drug Zelnorm, which was withdrawn from the American market because of safety concerns.
The new scheme places Christine's suicide in the third act, mitigating the loss of momentum at her departure and allowing the soprano who sings Christine some breathing room between the murder of her lover, Adam Brant, and the admission by her son, Orin, to the killing.
Rapid response systems are effective in mitigating the loss of life and property.
U.S. Department of Commerce Economics and Statistics Administration U.S. CENSUS BUREAU, Mitigating the Loss of Private Insurance With Public Coverage for the Under-65 Population: 2008 to 2012, Jonathan Rodean, September 2013.
While these two measures are appealing for reducing potential carbon leakage and mitigating the loss of competitiveness, they do tend to undermine Australia's effort to reducing its own emissions.
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Such a disaster would also probably bring down oil prices, mitigating the losses that the shipping firms would suffer.
Liberalization could have been achieved gradually, thus mitigating the losses of those with vested interests in protected activities.
Note that this is an important control for mitigating the losses that would fall under business interruption coverage, which is traditionally offered by insurers.
EDM has received increasing attention and became a very active and important research field in recent years [12, 15, 20, 35, 36, 37] because it plays a crucial role in mitigating the losses of properties and lives caused by EE.
So when a new drug comes to market, its price tag (often expensive) is usually a reflection of the time and resources that went into developing the drug and an attempt to recoup those investments, while mitigating the losses on all of the compounds that failed along the way.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com