risk sharing
Pooling potential losses
Risk sharing is distributing potential losses or costs among multiple parties rather than concentrating them on one.
Insurance is a classic form: policyholders collectively share risk through premiums.
In business, joint ventures and partnerships spread financial exposure: The contract included risk-sharing provisions between the manufacturer and supplier.
In healthcare, risk sharing refers to arrangements where providers and payers share accountability for patient outcomes and costs.
- group insuranceShared risk coverage pool
- coverageExtent of inclusion
- joint venturesShared business undertakings
- mutual aid societiesGroups pooling resources collectively
- credit unionsMember-owned financial cooperatives
shared burden · pooling · policyholder · crowdfunding · coinsured · cooperative · social safety nets · mutual funds · pension funds · hedge your bets · collective · backstop · strategic partnerships · skin in the game · spread · transfer · exposure · liability
- healthcare systemshospital system, public hospitals, health plan, HMO, single payer
- business partnershipsjoint ventures, co-branding, consortia, licensing deals, alliances
- risk managementhedging, hedges, diversification, insurance, reinsurance
- Islamic financesalam, zakat, sharia compliance, Islamic finance, Islamic banking
- takafulparticipant, participants, contribution, contributions
- value-based carecapitation, pay for performance, patient outcomes, clinical outcomes
risk sharinggoing it alone
Acting independently, unassisted