Learning Center > Glossary-Terms > Actuary

Actuary

Actuary is a person who works to calculate risk using statistics and mathematics. Actuaries help determine the premiums you pay. They calculate the dollars a company needs to pay claims.

Note: These definitions are provided only to give you a general understanding of how these words are sometimes used by health insurance companies. Please refer to your coverage documents for a complete list of defined terms that apply to your specific coverage.
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