Milliman Datalytics-Defense: A new approach to understanding defense costs

For many companies, the cost to defend medical professional liability claims is actually higher than the cost of indemnity payments. In many cases, two-thirds to three-quarters of defense costs can come from defense attorney fees. Milliman Datalytics-DefenseTM analyzes the huge amount of data in the line items on attorney bills and provides a new perspective on the actual source of defense costs.

In this video, Chad Karls discusses how Datalytics-Defense can help businesses better manage defense costs and abate future billing.