THE INCREASING NUMBER OF CLAIMS FOR VIOLATION OF RESIDENT'S RIGHTS AND ITS IMPACT ON LIABILITY COSTS

more+
less-

A recent study by Aon Risk Solutions, in partnership with the American Health Care Association, found that long term care liability costs are rising as a result of the average claim size increasing-despite the fact that claim frequency is decreasing. In its study, Aon found that the average claim size has increased four percent, and nationwide, liability claims have risen from an average of $125,000 in 2005 to $153,000 in 2010. This increase in claim size is important to long term care providers, especially when coupled with the uncertainty of Medicare and Medicaid funding and reimbursement.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Regina Casey | Attorney Advertising

Written by:

more+
less-

Regina Casey on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×