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Medical Malpractice Report.pdf

I02_CY_2018_14251.pdf

🔗 Source: wvlegislature.gov

📊 Size: 3.55 MB

👤 Author: [email protected]

⬇️ Downloads: 197

Summary

The West Virginia Offices of the Insurance Commissioner prepared a 2018 annual report on Medical Professional Liability insurance, which includes data on medical malpractice claims, loss ratios, and insurance industry results. The report defines malpractice as "improper, illegal, or negligent professional activity or treatment" and notes that a claimant must prove a healthcare provider breached the prevailing standard of care. The report analyzes data from various sources, including insurer filings, NAIC reports, and the West Virginia Board of Medicine. Due to a reporting anomaly, data from a specific carrier was excluded, which significantly affected the state's medical malpractice market experience. The report covers various topics, including countrywide insurance results, closed claim data, market positions, and licensure data. The overall West Virginia medical malpractice pure direct loss experience increased from 80.7% in 2016 to 90.5% in 2017, with an average loss ratio of 41.0% from 2008 to 2017.

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Description

The West Virginia Offices of the Insurance Commissioner prepared a 2018 annual report on Medical Professional Liability insurance, which includes data on...

Technical Information

File Format: PDF
File Size: 3.55 MB
Pages: 73
Language: EN
Author: [email protected]
Total Downloads: 197
Last Updated: 20 hours ago

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