Hiscox charts rise of US healthcare “super losses”

The overall cost and frequency of so-called $50 million+ “super losses” in the US healthcare insurance sector are on the rise, according to specialist healthcare insurer Hiscox. Despite the clear benefits of the implementation of quality and patient safety measures, the large losses keep on getting larger with, in the last two years alone, juries awarding well over $1 billion in total damages for just seven medical liability cases.