A new risk was born in the mid-1990s known as operational risk. Though its application varied by institutions—Basel II for banks and Solvency II for insurance companies—the idea stays the same. Firms are interested in operational risk because exposure can be fatal. Hence, it has become one of the major risks of the financial sector. In this study, we are going to define operational risk in addi...

BACKGROUND People's decision to enroll in a health insurance scheme is determined by socio-cultural and socio-economic factors. On request of the National health Insurance Authority (NHIA) in Ghana, our study explores the influence of social relationships on people's perceptions, behavior and decision making to enroll in the National Health Insurance Scheme. This social scheme, initiated in 200...

Purpose: This study aims to determine how the implementation of maqashid sharia in business transactions such as Sharia Banking, Cooperatives and Insurance.Design/Method/Approach: research is a descriptive research. was conducted by analyzing transactions. uses qualitative approach. The sources this are secondary data, data obtained through various books, journals, or websites. technique used e...

How do the Affordable Care Act health insurance coverage expansions affect payment for medical care provided through liability insurance, such as auto insurance? Theoretically, expanding coverage might lead to a substitution of health insurance disbursements for automobile insurance disbursements. Alternatively, expanding health insurance coverage might increase utilization of medical care, inc...

The prophet Ezekiel in describing the wonderful vision which appeared to him by the river Chebar uses an expression which has become proverbial. He describes four living creatures and speaks of each as accompanied by a wheel. Regarding these wheels he says "their appearance and their work was, as it were, a wheel within a wheel". I hope that if you get from this talk of mine the impression that...

German employers' liability insurance associations or Berufsgenossenschaften (BGs)--institutions for statutory accident insurance--maintain a measurement system for hazardous substances, the so-called BGMG. The aim of the BGMG is to determine and document valid results of measurements of exposure primarily for prevention purposes. The data are collected systematically, in parallel to the sampli...

Insurance denials delay payments for tests to medical institutions and can decrease patient satisfaction due to unexpected billing. Our institution utilizes an ambulatory electronic health record (EHR) for routine clinical care that includes computerized physician order entry (CPOE). At our institution as well as others, considerable cost is associated with inappropriate diagnostic coding of ne...

Islamic finance is a prohibition-driven industry, aiming to avoid the prohibitions of riba and gharar. It is well accepted in Islamic jurisprudence that riba and gharar do not affect the legal validity of non-commutative financial contracts (e.g. gifts). Jurists have long viewed this as a potential solution to the problem of gharar in commercial insurance, proposing mutual insurance as a non-co...

It is important to conduct a comprehensive situational analysis when considering the introduction of a deposit insurance system or when planning to alter an existing deposit protection arrangement. In conducting such an analysis, the economic and institutional conditions and their effect on the alternatives available for a deposit insurance system must be considered. Among the conditions that s...