legal liability and insurance

Question 1

TORT

Answer 1

A legal wrong

Question 2

Negligence

Answer 2

Failure to use ordinary or reasonable care

Question 3

Misfeasance

Answer 3

The performance of a lawful act in an illegal or improper manner

Question 4

Malfeasance

Answer 4

Committing an act that is not your responsibility to perform

Question 5

Nonfeasance

Answer 5

The failure to act when one should

Question 6

Liability

Answer 6

The state of being legally responsible for the harm one causes another

Question 7

Assumption of Risk

Answer 7

A written statement that describes the risk in which the individual assumes responsibility

Question 8

Statue of Limitations

Answer 8

A specific length of time that an individual may sue for damages

Question 9

What is the average statue of limitations for negligence suits?

Answer 9

1-3 years

Question 10

Which organization is responsible for creating minimum safety standards for equipment?

Answer 10

National Operating Committee on Standards for Athletic Equipment (NOCSAE)

Question 11

Health Insurance

Answer 11

A contract between the insurance company and policyholder

Question 12

Managed Care

Answer 12

A concept in which costs of health care are monitored closely by insurance carriers

Question 13

National Operating Committee on Standards for Athletic Equipment (NOCSAE)

Answer 13

Establishes minimum standards for equipment that must be met to ensure its safety

Question 14

National Federation of State High School Associations (NFHS)

Answer 14

An organization that offers a program to districts at the secondary-school level

Question 15

Affordable Care Act

Answer 15

Mandates the availability of affordable healthcare insurance for every American

Question 16

Capitation

Answer 16

A form of reimbursement used by managed care providers in which members make a standard payment each month regardless of how much service is rendered to the member by the provider

Question 17

Health Maintenance Organization (HMO)

Answer 17

Provide preventive measures and limit where the individual can receive care; pay 100 percent of medical costs as long as care is rendered at an HMO facility

Question 18

Preferred Provider Organization (PPO)

Answer 18

Provide discount health care but also limit where a person can go for treatment of an illness or injury

Question 19

Point of Service Plan (POS)

Answer 19

A combination of a health maintenance organization (HMO) plan and a preferred provider organization (PPO) plan

Question 20

What is the most traditional form of billing for health care?

Answer 20

An indemnity plan

Question 21

Liability Insurance

Answer 21

Protects against damages that may arise from injuries occurring on school property

Question 22

Accident

Answer 22

An unplanned event capable of resulting in loss of time, property damage, injury, disablement or death

Question 23

Injury

Answer 23

Damage to the body that restricts activity or causes disability

Question 24

Sovereign immunity

Answer 24

Neither the government nor any employee can be held liable for negligence

Question 25

To prove negligence must establish

Answer 25

Duty of care, breached and fell short of standard of care, caused injury, and damages resulted

Question 26

Secondary insurance

Answer 26

Covers athletes remaining medical bills, includes deductible that isn’t covered by pllan

Question 27

Accident insurance

Answer 27

Does not provide adequate coverage for treatment costs associated with serious sports injuries and lengthy rehab (low cost insurance for student)

Question 28

Catastrophic insurance

Answer 28

Consequences are staggering

Question 29

Reimbursement

Answer 29

Primary mechanism of payment for medical services in the US

Question 30

Personal liability insurance

Answer 30

Professionals must be fully protected, particularly with regards to negligence; protect individuals agains suits claiming malpractice, wrongful actions, errors and omissions, and acts of negligence