Legal Aspects Final Flashcards
Goals of Risk Management
prevent medical emergencies
Respond properly to medical emergencies
Two main types of risks in risk management
health risks (cardicac arrest, stroke) Injury risks- inherent or negligent (cuts, back injuries, etc)
Risk Management def
management strategy to maintain greater control over the legal uncertainty that may wreak havoc on a sport business
Risk management decision making process
assessment
Development
treatment
Evaluation
What are the risk categories
public liability caused by negligence
public liability excluding negligence
property exposure
business operations
what is public liability caused by negligence
injuries that occur to participants
occurs when an employee is negligent in performing his/her duties
Leaving a client unattended during rock climbing session
not completing safety checks
What is public liability excluding negligence
malpractice by personnel product liability intentional torts employment practices sexual harassment civil liberty violations
Firing someone based on gender
Lack of maintenance/inspection
What is property exposures?
Financial risks related to ownership
Natural elements
Vandalism
Theft
Fire occuring in building
what is business operations?
business interruption
embezzlement and theft
medical conditions of employees
employee accidents and injuries
somoene filing workers comp. because they fell off a ladder
How do you classify a risk?
frequency- high, med, low
Severity- catastrophic, critical, moderate, low
What are the steps for developing the risk management plan?
identify the risks
classify the risks
select methods of treatment for risks
What is avoidance/elimination?
Avoid- not included
elim- should be discontinued
What is retention?
Keep risks and assume financial responsibility for certain injuries or financial losses that may occur.
May be less expensive than buying insurance
University retains the risk of loss to fences and signs
what is reduction?
most important
proactive
reduce the chance for injury and litigation
Use of alarms on doors to reduce risk of theft
what is transfer?
Shifting liabilty to another party
Waiver
Insurance coverage
Step for managing the risk management plan
hire or selct a risk manager and a risk management committee
provide the risk manager or committee with the authority to lead
Provide employees with opportunity for continual input
evaluate the plan annually
How do you implement the risk management plan?
involve all employees in process
use printed guidelines outlining risk reduction techniques
utilize a sound training program
What are the benefits of risk mgmt?
reduction of legal liability
increases efficiency of daily operations
enhanced quality of programs and services
What is the age discrimination in employment act 1967?
40+ are protected
cannot refuse to hire based on age
reducing wage due to age
have different benefits
Exeption: legal forced retirement of bus drivers, firefighters, police officers