YOU ASK:
What is the definition of Morbidity Rate?
WE ANSWER:
Morbidity Rate refers to the rate at which members in a defined group of people will get sick, be ill or contract a disease. This group is categorized based on age, as well as other factors like occupation, health habits and so on. This may be taken for a given disease or for illness in general.
The morbidity rate is normally express as instances or cases per million or per hundred thousand in a year. Morbidity rates are used to compute premiums both for insurance, especially accident and health insurance. The better the morbidity rate, the lower the premiums will be.
This is contrasted with mortality rate.
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