Expected morbidity

{
  "id": "MLC-T-INS-001394",
  "term": "Expected morbidity",
  "field": "Insurance and risk management",
  "definition": "The anticipated rate of illness, disease, or disability within a specific population group over a defined period. Actuaries use expected morbidity rates to price health insurance, disability insurance, and long-term care policies. These rates are derived from historical data and demographic factors, influencing premium calculations and reserve requirements.",
  "url": "https://mlchart.com/terminology/insurance/expected-morbidity/"
}