Morbidity

{
  "id": "MLC-T-INS-002228",
  "term": "Morbidity",
  "field": "Insurance and risk management",
  "definition": "The incidence and prevalence of disease, illness, injury, or disability within a population. In insurance, morbidity rates are used by actuaries to calculate premiums for health insurance, disability insurance, and long-term care insurance. Higher morbidity rates indicate a greater likelihood of claims, leading to higher premiums.",
  "url": "https://mlchart.com/terminology/insurance/morbidity/"
}