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1. Insurance programs provide unpredictable expenses for a hospital.

True or False

2. Some insurance programs require a hospital to pay up front for expenses and then submit for reimbursement from the insurance provider.

True or False

3. For a medium/large size hospital it may be necessary to add at least one staff member to manage paperwork associated with insurance programs.

True or False

4.Preventative Maintenance is always included in an insurance program.

True or False

5. Many insurance companies require use of pre-approved vendors and suppliers.

True or False

6.

Insurance programs that have shared risk and share cost savings between the insurance company and hospital are called:

Group of answer choices

A. Profit Sharing

B. Risk Pools

C. Service Contracts

D. Disputes