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Please help ASAP! OQL Question 6 2.5 pts Time Run Attempt du 1 Hour, Rachel, the Risk Manager of Titan Technologies, wants to self-insure the
Please help ASAP!
OQL Question 6 2.5 pts Time Run Attempt du 1 Hour, Rachel, the Risk Manager of Titan Technologies, wants to self-insure the workers compensation program for her 15,000 employees. Rachel believes there are many advantages to this idea. However, her key concern is the possibility of an extremely high severity worker's compensation loss occurring (such as the death of an employee). Titan Technologies would not be able to pay for such a large loss event out of its internal financial resources. How can she try to combat this issue and still use self-insurance? O By having talented personnel who can help negate "employee public relations" issues O By setting up a captive insurance company O By purchasing stop-loss insurance O By purchasing an Administrative Services Only (ASO) contract Next Previous OQL Question 6 2.5 pts Time Run Attempt du 1 Hour, Rachel, the Risk Manager of Titan Technologies, wants to self-insure the workers compensation program for her 15,000 employees. Rachel believes there are many advantages to this idea. However, her key concern is the possibility of an extremely high severity worker's compensation loss occurring (such as the death of an employee). Titan Technologies would not be able to pay for such a large loss event out of its internal financial resources. How can she try to combat this issue and still use self-insurance? O By having talented personnel who can help negate "employee public relations" issues O By setting up a captive insurance company O By purchasing stop-loss insurance O By purchasing an Administrative Services Only (ASO) contract Next PreviousStep by Step Solution
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