The cost of liability remains on the rise for the long-term care industry, including independent and assisted living providers. Specifically, the overall national long-term care loss rate is anticipated to grow by 5% per year, with claim frequency fueling the increase. Claims frequency has an anticipated 3% growth rate. These and other findings were reported […]
Aon Global Risk Consulting
Liability costs for long-term care providers are expected to increase by 5%, with an estimated national loss rate at $2,030 per occupied bed in 2015, a new study shows. But some will feel the heat more than others. The analysis, released Thursday by the American Health Care Association (AHCA) and Aon Global Risk Consulting, provides estimates of […]