There Are Many Nursing Center Typologies

question 17

Multiple Choice

There are many nursing center typologies. The service model includes:

• A) Free-standing centers only
• B) Affiliated centers only
• C) Comprehensive primary care centers
• D) Fee-for-service payment

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Definitions:

Contribution

The right of insurers (more than one) to share a loss where the policies so provide.

Insurers

Companies or entities that provide insurance coverage to individuals, businesses, or other organizations in exchange for premiums.

Co-insurance

An insurance arrangement where the risk is shared between the insurer and the insured, often requiring the insured to pay a specified percentage of the costs of a claim.

Utmost Good Faith

A principle requiring all parties in an agreement or contract to act honestly and not mislead or withhold critical information.