Why physician groups are self-insuring.
Given the medical malpractice crisis in a number of states, many physicians are looking at alternatives to conventional insurance coverage. These options typically involve some form of risk sharing where the medical group assumes additional risks based on experience. This article identifies several options-retrospective payment plans, risk retention groups, captives, and rent-a-captives--and their associated risks and opportunities.
Goldman
C Mitchell
CM
Duane Morris LLP, 30 South 17th Street, Philadelphia, PA 19103-4196, USA. cmgoldman@duanemorris.com
D006801:Humans; D015271:Insurance Pools; D007351:Insurance, Liability; D008318:Malpractice / Q000191:economics*; D011216:Practice Management, Medical / Q000191:economics*; D012308:Risk Management / Q000191:economics* / Q000379:methods*; D014481:United States