What Is Social Inflation?
Healthcare practices and institutions are affected by the same economic forces that impact the communities and business climates in which they operate. Social inflation has reshaped numerous markets, but its effect on healthcare has been monumental. But what exactly is social inflation? Robert White, President of The Doctors Company and TDC Group and industry-leading expert on the impact of social inflation on medical professional liability, explains in this short clip.
The guidelines suggested here are not rules, do not constitute legal advice, and do not ensure a successful outcome. The ultimate decision regarding the appropriateness of any treatment must be made by each healthcare provider considering the circumstances of the individual situation and in accordance with the laws of the jurisdiction in which the care is rendered.
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