AHIP Exam AHM-520 Topic 6 Question 102 Discussion

Actual exam question for AHIP's AHM-520 exam

Question #: 102
Topic #: 6

The following statements are about pure risk and speculative risk---two kinds of risk that both businesses and individuals experience. Select the answer choice containing the correct statement.

AHealthcare coverage is designed to help plan members avoid pure risk, not speculative risk.

BOnly pure risk involves the possibility of gain.

CAn example of speculative risk is the possibility that an individual will contract a serious illness.

DOnly speculative risk contains an element of uncertainty.

Show Suggested Answer

Suggested Answer: C

by Laura at Oct 19, 2024, 03:40 AM

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James

12 days ago

D seems like the correct answer to me. Speculative risk contains an element of uncertainty, unlike pure risk which is a guarantee of loss.

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I think the correct answer is A. Healthcare coverage is designed to help plan members avoid pure risk, not speculative risk. Pure risk is the possibility of loss or damage, while speculative risk involves the possibility of both gain and loss.

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Alpha

2 days ago

User 1: I think the correct answer is A. Healthcare coverage is designed to help plan members avoid pure risk, not speculative risk.

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Mariann

19 days ago

Interesting point, Shad. Can you explain why you think that is the correct statement?

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Shad

21 days ago

I disagree, I believe the correct statement is A) Healthcare coverage is designed to help plan members avoid pure risk, not speculative risk.

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Mariann

24 days ago

I think the correct statement is D) Only speculative risk contains an element of uncertainty.

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AHIP Exam AHM-520 Topic 6 Question 102 Discussion

Contribute your Thoughts:

James

Clare

Alpha

Mariann

Shad

Mariann