1.

Record Nr.

UNINA9910220118303321

Autore

Auerbach David I.

Titolo

How will the Patient Protection and Affordable Care Act affect liability insurance costs? / / David I. Auerbach, Paul Heaton, Ian Brantley ; Institute for Civil Justice

Pubbl/distr/stampa

Santa Monica, California : , : RAND, , 2014

©2014

ISBN

0-8330-8623-5

Descrizione fisica

1 online resource (75 p.)

Disciplina

344.73022

Soggetti

Liability insurance - United States - Costs

Health insurance - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Title Page; Copyright; Preface; Contents; Figures; Tables; Summary; Acknowledgments; Abbreviations; Chapter One: Introduction; Organization of This Report; Chapter Two: Background on the Patient Protection and Affordable Care Act and Liability Insurance Lines; The Patient Protection and Affordable Care Act; Background on Liability Lines Considered in This Report; Auto; Workers' Compensation; Medical Professional Liability or Medical Malpractice; Other Forms of Liability Coverage; Chapter Three: Mechanisms of Impact from the Patient Protection and Affordable Care Act; General Framework

Individual Substitution EffectConcept; Markets Affected; Illustrations of How the Effect Could Operate; Information Needed to Project the Effect's Sign and Magnitude; Final Assumptions and Estimates; Collateral Source Effect; Concept; Markets Affec; Illustration of How the Effect Could Operate; Information Needed to Project the Effect's Sign and Magnitude; Final Assumptions and Estimates; Provider Treatment Effect; Concept; Markets Affected; Illustration of How the Effect Could Operate; Information Needed to Project the Effect's Sign and Magnitude; Final Assumptions and Estimates

Direct Fee EffectConcept; Markets Affected; Illustration of How the Effect Could Operate; Information Needed to Project the Effect's Sign and Magnitude; Final Assumptions and Estimates; Medical Malpractice



Volume Effect; Concept; Markets Affected; Illustration of How the Effect Could Operate; Information Needed to Project the Effect's Sign and Magnitude; Final Assumptions and Estimates; Additional Effects Not Estimated; Induced Retirement; Induced Demand; Changes in Consumer Demand for First-Party Auto Coverage; Chapter Four: Aggregate Impacts Across States and Lines

Chapter Five: Potential Longer-Run ImpactsChanges in Tort Law; Growth in Accountable Care Organizations; Medical Liability Demonstration Projects; Changes in Population Health; Increased Subrogation by Medicaid; Changes in the Supply of Physicians; Chapter Six: Conclusions; Appendixes; A. How the RAND COMPARE Microsimulation Model Works; B. Detailed Analysis of the Relationship Between Insurance Coverage and Paid Medical Malpractice Claims; References

Sommario/riassunto

This report identifies potential mechanisms through which the Affordable Care Act (ACA) might affect liability claim costs and develops rough estimates of the size and direction of expected impacts as of 2016. Overall, effects of the ACA appear likely to be small relative to aggregate auto, workers' compensation, and medical malpractice insurer payouts, but some states and insurance lines may experience cost changes as high as 5 percent or more.