The Process Involved in the Anticipation, Recognition, and Appraisal of a Risk

question 47

Multiple Choice

The process involved in the anticipation, recognition, and appraisal of a risk and the initiation of action to eliminate the risk entirely or reduce the threat of harm to an acceptable level, is referred to as:

• A) risk management
• B) loss prevention
• C) training and compliance
• D) legislative lobbyists

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Definitions:

Electronic Eligibility Features

Digital tools or systems used by healthcare providers to verify a patient's insurance coverage and benefits.

Loss-of-Income Benefits

Financial compensations provided typically through insurance or workers' compensation for individuals who cannot work and earn an income due to a disability or injury.

Insured Disability

A condition where an individual is protected under an insurance policy that provides income in the case they are unable to work due to a disability.

Precertification

The process of obtaining authorization from a health insurance company before receiving medical services to ensure coverage.