9
AssignmentMultiple Choice

Risk Management

Question 9 • AA - S26 Introduction to Healthcare Science

A healthcare organization’s insurance coverage is:

Answer
A
the amount that the insurance company will pay for costs associated with risks
B
the amount that the healthcare organization pays to the insurance company
C
the amount that the healthcare organization pays for costs associated with risks
D
the amount that the healthcare organization will pay for a legal case

Explanation

Insurance coverage is the amount or extent of costs an insurer agrees to pay when a covered risk occurs. The organization’s payment to obtain insurance is the premium, so choice B describes something different. Therefore, the correct choice is the amount the insurance company will pay for costs associated with risks.

AI-written and checked against the verified answer.

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