The Transitioning Medical Professional Liability Market—Challenges in Valuing a Medical Professional Liability Company
نویسندگان
چکیده
Likely driven by continuing health reform efforts and the flight of physicians from administrative detail and operating risk, statistics indicate that the number of physicians in private practice has declined notably over the past 10 years. By the time the Affordable Care Act was upheld by the U.S. Supreme Court on June 28, 2012, at least one industry source was estimating that the number of physicians in private practice would decrease to just over one in three by 2013. As physicians have shifted from independent operating status to employed status, in essence reducing the number of insurable physicians for certain participants in the medical malpractice insurance segment, a question regarding the continuing value of medical malpractice insurance companies naturally arises.
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