Chapter 3 Legal Concerns & Insurance Issues Flashcards
1
Q
Tort
A
A legal wrong
2
Q
Negligence
A
Results in unreasonable risk of harm to others
3
Q
Copayment
A
A specific amount paid by the policy holder
4
Q
Assumption of risk
A
Acknowledgment of hazards in sports
5
Q
Statue of limitations
A
A specific length of time in which an individual may sue
6
Q
Exclusions
A
Treatment not covered by insurance policy
7
Q
Product liability
A
Written guarantee athletic equipment is safe
8
Q
Point of service plan
A
A combination of HMO & PPO
9
Q
Capitation
A
Members make a monthly payment
10
Q
Deductible
A
Owed by the insured annually before the insurance company will pay
11
Q
Fee for service
A
Most traditional form of billing for health care
