The risk management team at a large hospital identified its ten most serious risks and developed procedures to reduce those risks. After two years, those ten risks either had no occurrences or had more than 50% reductions in occurrences. Which of the following actions is best for the hospital?
A. Keep following the procedures related to the ten risks.
B. Reevaluate risks and develop procedures for a different set of serious risks.
C. Retrain employees on the procedures related to the ten risks.
D. Show the results to its insurers and request reduced premiums.
Answer: B
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