Exam (elaborations)
C425 WGU Topic 1 - What Is The Role Of Consumer Protection?
- Course
- Institution
C425 WGU Topic 1 - What Is The Role Of Consumer Protection?
[Show more]
Seller
Follow
LeCrae
Reviews received
Content preview
C425 WGU Topic 1 - What Is The RoleOf Consumer Protection?
What should healthcare organizations should institute consumer
protection practices? ✔️Ans - To foster strong provider-patient
relationship, and to stop unfair, deceptive and fraudulent business
practices.
What is ERISA (Employee Retirement Income Security Act)? ✔️Ans - a
federal law that sets minimum standards for most voluntarily established
retirement and health plans in private industry to provide protection for
individuals in these plans.
ERISA requires plans to provide participants with plan information
including important information about plan features and funding; provides
fiduciary responsibilities for those who manage and control plan assets;
requires plans to establish a grievance and appeals process for participants
to get benefits from their plans; and gives participants the right to sue for
benefits and breaches of fiduciary duty.
How is the Office of Civil Rights (OCR) involved in consumer protection?
✔️Ans - By enforcing the HIPAA Privacy and Security Rules. One of the
ways that OCR carries out this responsibility is to investigate complaints
filed with it. OCR may also conduct compliance reviews to determine if
covered entities are in compliance, and OCR performs education and
outreach to foster compliance with requirements of the Privacy and
Security Rules.
What is Market Justice? ✔️Ans - The theory that market forces can
best achieve a fair distribution of health care services in a free economy. In
such a system, medical care and benefits are distributed on the basis of
people's willingness and ability to pay.
Since healthcare is an industry, what is one of its most precious resources?
✔️Ans - Human capital
What are some of the characteristics of market justice? ✔️Ans - -Views
health care as an economic good
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LeCrae. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79650 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now