Insurance/liability Flashcards
liability
The state of being legally responsible for the harm one causes another person
negligence
the failure to use ordinary or reasonable care
torts
legal wrongs committed against a person
nonfeasance
when an individual fails to perform a legal duty
malfeasance
when an individual commits an act that is not legally his or hers to perform
misfeasance
when an individual improperly does something he or she has the right to do
duty of care
part of an official job description
sovereign immunity
states that neither the government nor any individual who is employed by the government can be held responsible for negligence
good samaritan law
provides limited protection against legal liability to any individual who voluntarily chooses to commit first aid
assumption of risk
an individual, through express or implied agreement, assumes that some risk or danger will be involved in a particular undertaking, a person takes his or her own chances
health insurance
a contract between the insurance company and policy holder
managed care
costs of health care are managed closely by insurance carriers
