Equity and accuracy in medical malpractice insurance pricing.
| dc.contributor.author | Sloan, FA | |
| dc.contributor.author | Hassan, M | |
| dc.coverage.spatial | Netherlands | |
| dc.date.accessioned | 2010-03-09T15:32:49Z | |
| dc.date.issued | 1990-11 | |
| dc.description.abstract | This study examines alternative classification approaches for setting medical malpractice insurance premiums. Insurers generally form risk classification categories on factors other than the physician's own loss experience. Our analysis of such classification approaches indicates different but no more categories than now used. An actuarially-fair premium-setting scheme based on the frequency and severity of the individual physician's losses would substantially penalize adverse experience. Alternatively, premiums could be set for groups of physicians, such as hospital medical staffs. Our simulations suggest that even staffs at rather small hospitals may be large enough to be experience-rated. | |
| dc.format.mimetype | application/pdf | |
| dc.identifier | ||
| dc.identifier.issn | 0167-6296 | |
| dc.identifier.uri | ||
| dc.language | eng | |
| dc.language.iso | en_US | |
| dc.publisher | Elsevier BV | |
| dc.relation.ispartof | J Health Econ | |
| dc.subject | Actuarial Analysis | |
| dc.subject | Fees and Charges | |
| dc.subject | Florida | |
| dc.subject | Insurance, Liability | |
| dc.subject | Malpractice | |
| dc.subject | Medical Staff, Hospital | |
| dc.subject | Medicine | |
| dc.subject | Models, Statistical | |
| dc.subject | Physicians | |
| dc.subject | Rate Setting and Review | |
| dc.subject | Risk | |
| dc.subject | Specialization | |
| dc.subject | United States | |
| dc.title | Equity and accuracy in medical malpractice insurance pricing. | |
| dc.type | Journal article | |
| pubs.author-url | ||
| pubs.begin-page | 289 | |
| pubs.end-page | 319 | |
| pubs.issue | 3 | |
| pubs.organisational-group | Center for Child and Family Policy | |
| pubs.organisational-group | Center for Population Health & Aging | |
| pubs.organisational-group | Duke | |
| pubs.organisational-group | Duke Population Research Center | |
| pubs.organisational-group | Duke Population Research Institute | |
| pubs.organisational-group | Economics | |
| pubs.organisational-group | Global Health Institute | |
| pubs.organisational-group | Institute of Public Policy | |
| pubs.organisational-group | Institutes and Provost's Academic Units | |
| pubs.organisational-group | Public Policy Studies | |
| pubs.organisational-group | Sanford School of Public Policy | |
| pubs.organisational-group | School of Nursing | |
| pubs.organisational-group | School of Nursing - Secondary Group | |
| pubs.organisational-group | Trinity College of Arts & Sciences | |
| pubs.organisational-group | University Institutes and Centers | |
| pubs.publication-status | Published | |
| pubs.volume | 9 |
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