Medical Professional Liability: Outlook and Economic Impacts of the Changing Healthcare Environment

Dr. Robert P. Hartwig, CPCU
March 18, 2014
Medical Professional Liability and the Changing Healthcare Environment

This PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, before the Willis Re Annual Healthcare Reinsurance Forum, reviews the changing healthcare environment and its impact on medical professional liability. The presentation offers a U.S. healthcare expenses overview and a discussion of employment trends in the healthcare industry. The focus on medical professional liability reports increasing competition, falling investment income and rising numbers of self-insured exposures. The report also discusses legal and legislative reform and provides a summary of potential impacts of the Affordable Care Act on medical professional liability. The presentation also includes a property/casualty insurance industry financial overview and sections on investments, shifting legal liability and tort environment, and cyber risk.

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