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3-36 PC Underwriting Risk Only Exists When the Premiums Generated

question 44

True/False

3-36 PC underwriting risk only exists when the premiums generated on a given insurance line are less than the claims (losses)on the line.


Definitions:

Discharge Planning

The process of coordinating services and support needed for a patient before they leave a healthcare facility.

Acute Phase

The initial stage of a disease or condition, marked by severe and rapidly onset symptoms that demand immediate medical attention.

Intensive Care Unit

A specialized department in a hospital that provides critical care and life support for acutely ill and injured patients.

Acute Care Unit

A hospital department designed to provide immediate treatment for severe, life-threatening conditions.

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