25 Years and a 1288% Increase in Malpractice Premiums

Posted by Clark Venable on 5/7/2005

"...losses paid out per doctor rose much faster than premiums paid per doctor (1288% vs. 312%), or medical care inflation (480%), from 1975-2001 (see this graph). After 2001, when med-mal insurers were exiting the market in response to this reality, insurance regulators permitted substantial premium price increases that began to correct for these imbalances (though far from fully -- really returning medical malpractice paid-loss ratios to 1995 levels, which were still 150% higher than they were in 1975). It is an unavoidable fact that the exceptional growth in losses paid per doctor over time explains medical malpractice premium growth..."

[via PointofLaw.com]

This post has 0 replies
See full thread

Trackback Pings:

  • Is there a Link Between Medical TV Shows and Malpractice Laqwsuits?

    Over the past twenty years medical shows have become a mainstay for prime time television. You cannot turn your TV on between 7 and 10pm without finding a crisis in the ER, OR, or Ambulance. The big medical TV shows that air during the primetime as of ...
    (AloisMd : 6/6/2005; 4:50:14 AM)

Feeds and Categories

Blog Roll

Google Modules
   Body Mass Index
   Allowable Blood Loss

   The Ether Way
   Westmead Anaesthesia Blog
   Book of Joe
   i'm so sleepy

   Aggravated DocSurg
   Retired Doc
   Finger and Tubes
   Running A Hospital
   Chance To Cut
   DB's Medical Rants
   Palmdoc Chronicles
   The Well-Timed Period


Geeks Like Me
   Seth Dillingham
   Jonathan Greene