1. Commercial General Liability covers injuries to Third Parties on the premises as the result of negligence in connection with the medical aspects of its premises.
True |
|
False |
2. Automobile liability coverage protects against loss arising out of the ownership, maintenance, or use of automobiles and their equipment. It extends to vehicles “you own, hire or borrow, and those you do not own but may be responsible for, “such as the personal car of an employee used in a home health operation.
True |
|
False |
3. Hospitals need to purchase separate heliport liability coverage for their landing sites for life-flight operators or other emergency helicopter landings.
True |
|
False |
4. The purpose of D&O insurance is to protect directors, trustees and key executives in the event of personal liability litigation, or to insure the healthcare entity itself from its obligation to provide indemnity from such litigation.
True |
|
False |
5. Medical Professional Liability, Commercial General Liability and Automobile liability are three common “Third-party liability” coverages for healthcare providers.
True |
|
False |
ANSWERS : The following are the answers for the above questions
1. The answer is false
2. The answer is false
3. The answer is true
1. Commercial General Liability covers injuries to Third Parties on the premises as the result of...
1. The purpose of D&O insurance is to protect directors, trustees and key executives in the event of personal liability litigation, or to insure the healthcare entity itself from its obligation to provide indemnity from such litigation. a. True b. False 2. Medical Professional Liability, Commercial General Liability and Automobile liability are three common “Third-party liability” coverages for healthcare providers. a. True b. False 3. Because of its unique characteristics, e-mail communication between health care providers and patients raises risk...
1. A medical professional liability policy responds to bodily injury allegations as the result of the delivery or failure to deliver medical services. However, it may not respond to allegations for “wrongful acts” in the administration of a managed care plan. True False 2. If a voluntary attending physician who carries their own medical professional liability coverage is named in a claim with the hospital, and if the hospital and physician are found to be negligent, the hospital may be...
Some common liability risks include: Question 16 options: 1) driving a car. 2) Entertaining guests at home. 3) being careless in performing professional duties. 4) all of the above 5) none of the above Question 17 (0.5 points) Which of the following types of plans pay for some medical costs even when the insured decides to go out of the provider network (without a referral) for services? Question 17 options: 1) HMO 2) IPA 3) PPO 4) POS 5) c...
PART 1 Introduction to Medical Assisting 12 Grade Name: Date: MULTIPLE CHOICE 1. The branch of law concerned with issues of citizen Scenario for questions 6 and 7: A man is found lying unconscious outside the physician's office. You alert several colleagues, who go outside to assess the man's condition. It is clear that he will be unable to sign a consent form for treatment. welfare and safety is: a. private law b. criminal law c. constitutional law d. administrative...
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...
Case: Enron: Questionable Accounting Leads to CollapseIntroductionOnce upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant “E,” slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm laid off 4,000...