Morbidity Rate


  • A measure of the incidence rate or prevalence of a medical condition or disease. Used commonly in epidemiology and actuarial science, the morbidity rate, in addition to the mortality rate and a number of other metrics, is used by insurance companies to determine risk, and by extension premiums, for insurance policies including health, life and long-term care insurance policies.

disease prevalence rate, illness statistic, incidence rate

Related Terms and Acronyms

  • Actuarial Table Definition,
    • A table used in actuarial science that outlines the statistical probability that an individual of a specific age and sex will die within a year.
  • Health Insurance (HI) Acronym,
    • Insurance that covers the costs of medical expenses for insured persons.
  • Long Term Care Insurance (LTC) Acronym, Important,
    • Insurance that covers health care costs for individuals with chronic or disabling conditions.
  • Mortality Rate Definition,
    • A measurement of how many people in a particular population set and in a particular period of time die.
  • Policy Illustration Definition,
    • An outline of how a policy will perform under various conditions over a period of time.
  • Pre-existing Condition (PRE-X) Acronym,
    • A medical condition that's occurrence precedes the writing of an insurance policy.
  • Survival Analysis Definition,
    • A statistical analysis of how likely someone or something will survive to a set date.
  • Yearly Probability of Dying Definition,
    • The likelihood that an individual of a certain age and gender will die within a year.
  • Yearly Probability of Living Definition,
    • The likelihood that an individual of a certain age and gender will still be alive after a year has passed.
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