title: Perspectives on medical malpractice self-insurance financial reporting.
abstract: Financial reporting of medical malpractice self-insurance is evolving. The Financial Accounting Standards Board Accounting Standards Codification Section 954-450-25 provides guidance for accounting and financial reporting for medical malpractice. Discounting of medical malpractice liabilities has been reassessed in recent years. Malpractice litigation reform efforts continue in several states. Accountable care organizations could increase the frequency of medical malpractice claims because of patients' heightened expectations regarding quality of care.
authors.affiliation: Milliman, Chicago, USA. richard.frese@milliman.com
authors.forename: Richard C
authors.initials: RC
authors.lastname: Frese
authors.forename: Patrick J
authors.initials: PJ
authors.lastname: Kitchen
mesh_terms: D060866:Accountable Care Organizations; D000066:Accounting / Q000592:standards*; D030881:Disclosure / Q000331:legislation & jurisprudence*; D007344:Insurance Claim Reporting / Q000639:trends; D019458:Insurance Coverage / Q000191:economics / Q000331:legislation & jurisprudence* / Q000639:trends; D007351:Insurance, Liability / Q000191:economics / Q000331:legislation & jurisprudence* / Q000639:trends; D016365:Liability, Legal; D008318:Malpractice / Q000191:economics / Q000331:legislation & jurisprudence* / Q000639:trends; D013219:State Government; D014481:United States