The reserve placement date must be the same as or after the date the health-care incident occurred.
The reserve may be adjusted during the lifetime of a claim. However, the date(s) when the reserve was adjusted should not be reported.
This data element should be used in conjunction with the data element: Date—accuracy indicator, code AAA to flag whether each component in the date is accurate, estimated or unknown.
Comments:
This date is of particular significance in the context of the Medical Indemnity National Collection (MINC) as the placing of a reserve against a matter indicates when it was considered likely to materialise in a medical indemnity claim and so is required to have occurred for a claim to be reported to the MINC.
See also Date—accuracy indicator, code AAA Community Services, Standard 30/09/2005, Housing assistance, Standard 23/08/2010, Health, Standard 04/05/2005, Early Childhood, Standard 21/05/2010, Homelessness, Standard 23/08/2010
