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Higher Workers Compensation Rates for Florida
The Florida Office of Insurance Regulation (FLOIR) reached a decision this week on the rate impact of the recent Supreme Court rulings on workers compensation by granting contingent approval of a 14.5% rate increase effective December 1, 2016.
Awards for Future Medical under the ACA
Tim Mosler August 09, 2016 Posted in: Blog Posts, Health Care / MPL

Earlier this month, the Ohio Court of Appeals ruled on the medical liability case Jones vs. MetroHealth Medical Center. A key portion of this ruling pertains to the determination of economic damages related to future medical costs. Specifically, the court ruled to award the plaintiff an amount sufficient to cover the premium on future health insurance policies that the plaintiff would purchase. This is a radical shift from past practice.  

Are MPL Loss Reserves a Better Bet than the Patriots?
Tim Mosler October 14, 2015 Posted in: Blog Posts, Health Care / MPL, Loss Reserving
I recently attended the Casualty Actuarial Society’s Loss Reserve Seminar. During the conference, I attended two sessions on medical professional liability insurance (MPL) and led a roundtable discussion on MPL reserving. It reminded me of professional football.
Tim Mosler

Dueling Actuaries

Employment of Physicians Impact on MPL Insurance

Dueling Actuaries
Tim Mosler October 03, 2014 Posted in: Blog Posts, Health Care / MPL, Insurance / Insurers

The second issue debated was the impact of increased employment of physicians by hospitals. Data was presented showing that while the number of doctors practicing has increased by roughly 10,000 per year since 2000, the number of solo practitioners has decreased by almost the same amount. Since 2009, this decrease has jumped to roughly 15,000 per year.

Tags: ACA, MPL, APEX webinar
Tim Mosler

Dueling Actuaries

Impact of Health Care Reform on Medical Professional Liability Insurance

Dueling Actuaries
Tim Mosler September 12, 2014 Posted in: Blog Posts, Health Care / MPL, Insurance / Insurers

On August 20, 2014, Pinnacle’s monthly APEX webinar focused on health care reform and its impact on medical professional liability insurance. Art Randolph and Tim Mosler, both senior consulting actuaries with Pinnacle, squared off in a series of six debates. Each debate centered on a key health care reform issue and its impact. Elissa Sirovatka provided the background for each issue and moderated the debate.

Tags: ACA, MPL, APEX webinar
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