Medical Professional Claims: Where Are They Heading?
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Transcript of Medical Professional Claims: Where Are They Heading?
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Chicago - March 29-30, 2012
2012 PLUS Medical PL Symposium
Medical Professional Claims: Where Are They Heading?
How Changes In The Medical Profession Will Have An Impact On Claim Values
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MEDICAL PROFESSIONAL CLAIMS: WHERE ARE THEY HEADING?
MODERATOR: John O'Byrne, Esq., Partner, Mendes & Mount, LLP
PANELISTS: Laurel Byerly, JD, Senior Vice President, Regional Claims Manager,
Western Litigation, Inc. Doug McCullough, Esq., Director, Midwest Region Claims, The Doctors Company Stephen Ruocco, Vice President, Chartis Insurance
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Changes in Healthcare and the Impact on Claims
• As hospitals employ more physicians, claim values will likely increase.
• Small physician practices will likely become a rarity on many areas
• Continuity of care issues• Will the quality of care suffer? Will the medical
profession attract the best candidates?
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Increasing Verdict Values
• Changes in healthcare will likely change jurors’ perception of the profession.• As hospitals employ more physicians, will the benefits
of a unified defense offset the potential increased exposure?• Increased expectations by the plaintiffs’ bar.
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What to Expect
• Impact of “Obama-care.”• Is an increase in frequency inevitable?• Impact of Private Equity in healthcare on claim
values.
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Questions?
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Chicago - March 29-30, 2012
2012 PLUS Medical PL Symposium
Medical Professional Claims: Where Are They Heading?
How Changes In The Medical Profession Will Have An Impact On Claim Values