How private equity and higher salaries are impacting the market
By Emily Douglas
The following article was written in association with Amwins.
With the healthcare management liability market growing at an unprecedented rate, increasingly high healthcare spending, including higher employee wages, is driving sector expansion.
According to Health Affairs, healthcare spending reached $4.5 trillion in 2022 and is expected to keep increasing yearly.
Furthermore, the exhaustion of COVID-19 funding, coupled with additional inflationary rises, has seen directors and officers liability (D&O) and employment practices liability (EPL) claims mount even in the typically quieter states.