Final answer:
To ensure an organization's legal obligations in risk management, principles such as accountability, just laws, and open government are fundamental. These principles guide the institution's approach to handling regulations, ensuring fair treatment and protection of fundamental rights, which includes managing health records with respect to treatment costs, patient quality of life, and privacy.
Step-by-step explanation:
An important goal for risk management programs is to ensure that the organization's legal obligations are satisfied. These legal obligations are typically based on these three items:
- Accountability - This principle asserts that both government and private actors are accountable under the law and that no one is above the law.
- Just laws - The laws should be clear, publicized, stable, and applied evenly, while also protecting fundamental rights, including those related to persons and property, and certain core human rights.
- Open government - The processes by which laws are enacted, administered, and enforced should be accessible, fair, and efficient.
When considering health records, three questions that must be addressed in developing policies that balance the costs of treatments and diagnoses, patient quality of life, and risks to individual privacy are:
- How can the policies minimize the financial burden on patients while ensuring high-quality healthcare?
- What measures can be implemented to protect patient privacy and confidentiality?
- In what ways can patient quality of life be prioritized within the healthcare risk management strategies?