08 Jun 11
Originally posted by no1marauderThere are doctors that have been paying over $100,000 per year for malpractice insurance for over a decade. It was a driving force in 2002 for legislation on the damage in jury awards (not suggesting that that is the correct solution -- merely suggestion that malpractice prices are a huge upfront cost for doctors and a huge factor in the pricing and availabilty of medical services).
Here's an interesting study from 2009 that concludes:
•Medical malpractice premiums are nearly the lowest they have been in 30 years.
•Medical malpractice claims are down 45 percent since 2000.
•Medical malpractice insurer profits are higher than the rest of the property casualty industry, which has been very profitable over the last fi ...[text shortened]... ew-study-finds-medical-malpractice-insurance-premiums-have-minimal-effect-on-health-care-costs/