HCA201A - FINAL EXAM QUESTIONS AND ANSWERS LATEST UPDATE
100% CORRECT A+ GRADED. Buy Quality Materials!
A contract in which the insurer agrees to assume certain risks of the insured for
consideration is a(n) ___________.
insurance policy
A policy that covers all claims that may arise out of a policy period is a
___________.
occurrence policy
A policy that covers only those claims made or reported during the policy year is
a ___________.
claims-made policy
An insurance policy contains the elements of ___________.
all of the above
A hospital can be found liable for the negligence of a nurse on the basis of (the/a)
respondeat superior
Insurance carriers in some states are prohibited from covering awards for
punitive damages
Insurers do not, as a rule, provide coverage for ___________.
intentional torts
Insurance companies are required by the laws of the different states to issue only
policies that contain certain mandated provisions ___________.
to maintain certain financial reserves to guarantee to policyholders that their
expectations will be met when coverage is needed
The basic underlying concept of insurance is ___________.
to spread the risk by writing coverage for a large pool of individuals
A policy that provides for an uninterrupted extension of an insurance policy
period is a(n) ___________.
tail
Sexual assault does not constitute rendering professional services; ___________.
therefore, malpractice insurers are not required to indemnify the insured for liability
resulting from the sexual assault
A health care organization ___________.
can require its medical staff to show evidence of professional malpractice insurance
Insurance coverage for officers and directors of a corporation should include
indemnification, to the extent possible by law, for all liabilities and expenses
including ___________.
Question 13 options:
those that are not reasonably incurred as the result of any legal proceeding stemming
from and within the scope of his or her responsibilities
Malpractice insurance coverage is especially important for ___________.
all health professionals
Medical malpractice insurance is affected by ___________.
cyclical nature of the insurance market, new technology, and treatments
100% CORRECT A+ GRADED. Buy Quality Materials!
A contract in which the insurer agrees to assume certain risks of the insured for
consideration is a(n) ___________.
insurance policy
A policy that covers all claims that may arise out of a policy period is a
___________.
occurrence policy
A policy that covers only those claims made or reported during the policy year is
a ___________.
claims-made policy
An insurance policy contains the elements of ___________.
all of the above
A hospital can be found liable for the negligence of a nurse on the basis of (the/a)
respondeat superior
Insurance carriers in some states are prohibited from covering awards for
punitive damages
Insurers do not, as a rule, provide coverage for ___________.
intentional torts
Insurance companies are required by the laws of the different states to issue only
policies that contain certain mandated provisions ___________.
to maintain certain financial reserves to guarantee to policyholders that their
expectations will be met when coverage is needed
The basic underlying concept of insurance is ___________.
to spread the risk by writing coverage for a large pool of individuals
A policy that provides for an uninterrupted extension of an insurance policy
period is a(n) ___________.
tail
Sexual assault does not constitute rendering professional services; ___________.
therefore, malpractice insurers are not required to indemnify the insured for liability
resulting from the sexual assault
A health care organization ___________.
can require its medical staff to show evidence of professional malpractice insurance
Insurance coverage for officers and directors of a corporation should include
indemnification, to the extent possible by law, for all liabilities and expenses
including ___________.
Question 13 options:
those that are not reasonably incurred as the result of any legal proceeding stemming
from and within the scope of his or her responsibilities
Malpractice insurance coverage is especially important for ___________.
all health professionals
Medical malpractice insurance is affected by ___________.
cyclical nature of the insurance market, new technology, and treatments
