Healthcare Reform Measures - Impact on Medical Professional Liability
April 30, 2013| By Joe Meli |
While attending the April Professional Liability Underwriting Society’s (PLUS) Medical Professional Liability Symposium in Chicago, I participated on a panel discussion titled “Game-Changing Events Reshaping the Med-Mal Landscape." On that panel, it was my privilege to discuss the various healthcare reform measures now being implemented and the significant impact they will have on Medical Professional Liability. I was joined by industry leaders from the Doctors Company, Cleveland Clinic, and Robinson and Cole, a law firm involved in various regulatory issues associated with the reform.
The healthcare delivery system is changing rapidly: What care is provided, who provides it, and where it will be provided, are all changing. How will all these changes impact MPL? What do we need to do today to prepare for insuring and reinsuring MPL in the next 5 years? These were the topics of our discussion.
As part of my comments, I outlined the “10 Game Changing Trends” now occurring in the medical delivery system, the liability implications for insurers and reinsurers, and what we need to do now to prepare to be a successful player in the MPL line in the future.
In addition, after the panel discussion I was interviewed by PLUS and asked to respond to three questions:
(1) How will the Patient Protection and Affordable Care Act (PPACA) change the MPL industry in the next five years?
(2) How are electronic health records changing the game?
(3) What anticipated changes to the medical professional liability industry keep you awake at night?
Watch my full interview on the PLUS blog for my answers to these questions.