If a Health Care Organization Is Owned or Controlled by a Government

question 13

True/False

If a health care organization is owned or controlled by a government, it is typically considered a special-purpose entity engaged only in business-type activities and would use proprietary fund accounting.

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Definitions:

Fireproof

Designed or made resistant to fire or its effects, reducing the risk of fire damage.

Co-insurance Clause

A provision in insurance policies that requires the policyholder to bear a portion of the costs of a claim, encouraging insured parties to not underinsure their assets.

Fireproof

A property or material that is resistant to or capable of withstanding damage from fire.

Insured

The individual or entity covered under an insurance policy and protected against specified risks or losses.