That which is last should be first
I’m still ensconced in the library, as my last final approaches with the inevitability of Haley’s Comet, but I saw this and though it worthy of note. Regarding a decrease in the cost of liability in the long-term care industry.
Theresa W. Bourdon, managing director and actuary, credits tort reform for much of the progress, while adding: “Many other changes, including the withdrawal of some long term care facilities operators from expensive markets, more effective defense strategies, the use of arbitration for claims settlement and significant improvements in quality of care, have combined to help alleviate the liability crisis.”
Link.
So, first … Continue Reading