SENIOR LIVING AND LONG-TERM CARE
2022 General and Professional Liability Benchmark Report Now Available
Gain insight into claims trends across the country. The largest study of its kind, the 2022 General and Professional Liability Benchmark Report looks at nearly 11,000 closed claims, featuring separate analysis for senior living and long-term care providers. The report:
- Provides analysis of claims frequency, severity, and loss rate on a countrywide basis
- Includes state-level findings where data and results are deemed to be credible
- Examines the relationship between indemnity costs compared to expense costs
- Reveals the leading causes of loss for providers
- Forecasts 2023 experience
Marsh's Senior Living & LTC Industry Practice works with operators and equity partners to develop clinical and risk management support tools and diagnostic risk assessments to substantially impact the claim trends observed from this report. In addition to these tools, we will be hosting webcasts and providing educational risk insights gleaned from the study, along with recommendations for effective solutions that can provide real, long-term reductions in causes of loss. Stay tuned for future opportunities to collaborate and learn from these insights.