2013 LTC Malpractice Cost ProjectionsThe average cost of malpractice costs per occupied long-term care (LTC) bed could increase 4% in 2013, to $1,540 per bed, according to analysts at the consulting arm of Aon Corp., Chicago (NYSE:AON).

The Aon analysts, who prepared the report together with the American Health Care Association (AHCA), Washington, are predicting the average size of an LTC liability claim will also increase about 4%, to $175,000.

The analysts have based those figures on a review of 19,500 claims filed against 37 LTC facility operators that provide about 280,000 LTC beds.

The survey participants provide home health care services, independent living services, assisted living facility beds and rehabilitation services beds as well as nursing home beds.

The analysts note that Texas has changed its state constitution to allow limits on malpractice suits. Kentucky forbids limits on awards.

Malpractice losses will average about $320 per Texas LTC bed this year and about $5,120 per Kentucky LTC bed, the analysts say.

The analysts expect Kentucky LTC providers to receive 1.6 claims per 100 beds and Texas providers to receive 0.43 claims per 100 beds.