NU Online News Service, Nov. 2, 1:59 p.m. EST
The cost of health care organizations' insurance premiums for workers' compensation and directors and officers liability fell in the past year, but property insurance edged upward, according to a brokerage report.
Chicago-based insurance brokerage Aon said in its "2009 U.S. Industry Report: Healthcare" that workers' comp premium averaged a 5.9 percent decrease over the past year. For private/nonprofit hospitals the price per million of limit for D&O insurance dropped 6.5 percent.
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