The number one reason risk pooling is valuable to the insurance industry is... O It allows companies to charge the same premium to all members of the pool.
O It brings together many individuals' premiums so that there is money to cover the select few with losses.
O It makes insurance coverage available to everyone, even those who are unable to make their payments
O It is subsidized by the federal government

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taxes pay for all sorts of government jobs and services. federal taxes pay for national things like the president, the congress, federal judges, and the military. state taxes pay for roads and the governor. county and city taxes pay for schools, fire trucks, and the police. without taxes, the government couldn't run and the country would be in chaos.

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