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Insuring Medical Malpractice - Frank A. Sloan

Hardcover Published: 26th September 1991
ISBN: 9780195069594
Number Of Pages: 264

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The cost of malpractice insurance to physicians has been increasing in recent years, as has the threat to physicians of being sued. This book describes and analyzes the workings of the market for physicians' liability insurance. The authors use their own data and other sources to study questions such as: Is the market for medical malpractice insurance competitive? Has the profitability of medical malpractice insurance been excessive? Why do malpractice insurers demand reinsurance? What effect has insurance regulation had on premiums? And it explores what experience rating is and how it is done.

"The book should be of interest to anyone seeking to understand the key features of the insurance industry in the United States....It should be useful to those interested in insurance and those concerned with an important aspect of medical economics."--Journal of Economic Literature "Culminates and extends the authors' extensive past published work on malpractice insurance. The book's clear organization allows the reader to easily find the connections between evidence and conclusions. It patiently explains institutional details, as well as the industry's legal and regulatory environment. A strength of the book is its presentation of extensive data developed by the authors and their institutions." --Inquiry "The book should be of interest to anyone seeking to understand the key features of the insurance industry in the United States....It should be useful to those interested in insurance and those concerned with an important aspect of medical economics."--Journal of Economic Literature "Culminates and extends the authors' extensive past published work on malpractice insurance. The book's clear organization allows the reader to easily find the connections between evidence and conclusions. It patiently explains institutional details, as well as the industry's legal and regulatory environment. A strength of the book is its presentation of extensive data developed by the authors and their institutions." --Inquiry

Prefacep. vi
Acknowledgmentsp. vii
Introductionp. 3
Conclusionp. 14
Appendix: Data Sourcesp. 16
Conceptual Framework and Institutional Contextp. 21
Conclusionp. 46
Notesp. 47
Regulation and Its Effectsp. 49
Market Structure and Conductp. 74
Conclusions and Implicationsp. 98
Notesp. 100
Reinsurancep. 101
Notesp. 121
Loss Reserving and Claims Managementp. 123
Notesp. 143
Development of Premiums for Malpractice Insurancep. 145
Notesp. 162
Risk Classificationp. 165
Profitability in Malpractice Coverage: Excessive or Normal?p. 183
Notesp. 204
Conclusion: Summing Up and Looking Forwardp. 206
Notesp. 218
Referencesp. 219
Indexp. 231
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780195069594
ISBN-10: 0195069595
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 264
Published: 26th September 1991
Country of Publication: US
Dimensions (cm): 24.44 x 16.36  x 2.72
Weight (kg): 0.56