Principles of Risk Management and Insurance, 13th Edition

Key Concepts and Terms

• Assumption-of-risk doctrine (393)

• Average indexed monthly earnings (AIME) (378)

• Contributory negligence doctrine (393)

• Credit (quarter of coverage) (376)

• Currently insured (376)

• Delayed retirement credit (379)

• Diagnosis-related groups (DRGs) (384)

• Disability insured (376)

• Earnings test (retirement test) (381)

• Experience rating (392)

• Extended benefits (EB) program (392)

• Fellow-servant doctrine (393)

• Full retirement age (377)

• Fully funded program (375)

• Fully insured (376)

• Hospital Insurance (Medicare Part A) (385)

• Individual equity (375)

• Liability without fault (394)

• Means test (375)

• Medical insurance (Medicare Part B) (384)

• Medicare Advantage Plans (Part C) (385)

• Medicare Prescription Drug Coverage (Part D) (386)

• Monopoly ...