Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are...

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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

Transcript of Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are...

Page 1: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

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

Page 2: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

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

Page 3: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

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?

Page 4: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

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.

Page 5: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

What to Expect

• Impact of “Obama-care.”• Is an increase in frequency inevitable?• Impact of Private Equity in healthcare on claim

values.

Page 6: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

Questions?

Page 7: Chicago - March 29-30, 2012 2012 PLUS Medical PL Symposium Medical Professional Claims: Where Are They Heading? How Changes In The Medical Profession Will.

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