Risk/Health/Disability Review

Another name for risk assumption is

• risk recession

• risk retaliation

• risk retention

• risk reducing

Taking hunter safety classes would be an example of

• risk assumption

• risk shifting

• risk avoidance

• risk reduction

If you drive without a spare tire, you risk being unable to change a flat tire. This could lead

• personal risk

• risk of financial loss

• risk of financial resources

• risk of financial investment

All risk is predictable and avoidable.

• True

• False

The more risk the insured takes, the higher the premium.

• True

• False

The Affordable Care Act no longer penalizes U.S. citizens for not having health insurance, unless your state requires it.

• True

• False

With group health insurance, each person insured is able to receive different coverage.

• True

• False

One purpose of the Affordable Care Act is to increase the availability and affordability of disability insurance.

• True

• False

An example of an unmanaged health care plan is

• health maintenance organization

• preferred provider organization

• Medicaid

• Fee-for-Service Plan

Medicare and Medicaid are both programs that are taxpayer funded and have the same eligibility requirements and coverage.

• True

• False