Under These Programs, Each Employer Is Responsible for Paying the Losses

question 46

Multiple Choice

Under these programs, each employer is responsible for paying the losses of the group when necessary-such as in the case of a member's insolvency.The employer's risk is not transferred; only the payment of losses is shared through the pooling mechanism.The members of these programs buy stop-loss coverage and are required to obtain regulatory approval for their existence.Identify these programs.

• A)Group self-insurance programs
• B)Captive reinsurance programs
• C)State-operated workers' compensation programs
• D)Captive insurance programs
• E)Stock reinsurance programs

---

Definitions:

Selection Process

The method by which organizations evaluate and choose individuals from a pool of candidates to fill job vacancies.

Multidimensional Trait

A characteristic or attribute that encompasses several different aspects or components, reflecting the complexity of an individual's personality or behavior.

Core Self-Evaluations

A personality assessment theory that describes fundamental assessments individuals make about their own abilities and worth.

Employee Engagement

The level of an employee's psychological investment in their organization, characterized by enthusiasm for work, commitment, and a sense of belonging.