- THCA

Volume XXX, Number 6
June 2015

AHCA / Aon to Perform Annual Study of Liability Costs

The American Health Care Association (AHCA) has asked THCA to share with its membership the following information regarding Aon’s 2015 Long Term Care General Liability and Professional Liability Benchmark Data Call:

The Actuarial and Analytics Practice of Aon Global Risk Consulting, with support from the AHCA, will distribute a call for data at the end of June. This data call will support our annual study of liability costs for Long Term Care providers. Last year’s study provided estimates of liability costs, claim frequency and claim sizes on a countrywide basis and for seventeen profiled states. We will hold calls on June 16 and June 18 to discuss the data call elements and respond to questions and comments. On the scheduled day, join the meeting by clicking the links at the end of this article.

Some areas of emphasis for this year’s study are:

Arbitration coding for closed claims. This will help us continue our work to understand cost differences in claim settlements with and without arbitration agreements.

Payer type at the time the allegations arose. In a prior study we found some interesting differences in both the frequency and size of claims when we segmented the payer type.

We are collecting bed and admissions data as exposure bases in this year’s study.

To obtain accurate and reliable results, the study depends on a strong response from providers around the country, and to that end THCA encourages its membership to respond in force. For more information regarding the study, please participate in one or both of the online meetings referenced below:

June 16:
Topic: Aon LTC Benchmark Kickoff #1
Date: Tuesday, June 16, 2015
Time: 1:00 pm, Eastern Daylight Time (New York, GMT-04:00)
Meeting Number: 740 531 967
Meeting Password: LTCBenchmark

Click Here to join the online meeting.

June 18:
Topic: Aon LTC Benchmark Kickoff #2
Date: Thursday, June 18, 2015
Time: 2:00 pm, Eastern Daylight Time (New York, GMT-04:00)
Meeting Number: 747 618 654
Meeting Password: LTCBenchmark

Click Here to join the online meeting.