2016 Insurance Market Preview: Reform Continues to Shape Health Care Industry Risks

Nearly six years after becoming law, the Affordable Care Act (ACA) continues to shape the health care industry. The ACA changed the way that health care providers and payers operate, driving the adoption of new approaches to patient care, a move toward new risk-based contracting, industry consolidation, and more.

These shifts have affected every aspect of the health care industry, including insurance and risk management. The ongoing transition to accountable care models — coupled with other regulations and industry trends — will have several implications for buyers of commercial insurance coverage in 2016, including:

  • Cyber liability
  • Medical professional liability
  • Directors and officers liability (D&O)
  • Managed care errors and omissions (E&O)
  • Provider excess loss

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