Preventing directors' and officers' liability exposure.
Increasingly concerned about unavailable or unaffordable directors' and officers' liability insurance (D & O), hospital trustees and CEOs are working to maximize coverage benefits, exploring self-insurance, and relying on indemnification provisions in hospital bylaws for protection. However, these approaches are limited because they focus on lessening the impact of a D & O claim after it is filed. This article examines how to prevent liability exposure in the first place.
D005376:Financial Management; D006075:Governing Board / Q000331:legislation & jurisprudence*; D006270:Health Facility Administrators / Q000331:legislation & jurisprudence*; D006740:Hospital Administrators / Q000331:legislation & jurisprudence*; D007351:Insurance, Liability; D012308:Risk Management; D014481:United States