Posts Tagged ‘medical malpractice insurance’

Med-mal at Point of Law

At our sister site, Jim Copland has posted a critique of a new advocacy paper from the misnamed Center for Justice and Democracy purporting to find that medical malpractice insurers rake in money far faster than they pay it out; he finds that the report is careful to count the (rising) revenues of insurers moving into the med-mal market, but entirely omits to count the payouts/losses of major insurers that have been departing the market. Convenient, that! Martin Grace has further thoughts on the same report, and also comments on evidence that liability issues are causing physicians to relocate.

And more: Ted Frank reports on the Wisconsin Supreme Court’s just-announced and “baldly activist” decision striking down caps on non-economic damages, and also on recent claims that anesthesiologists’ success in reducing injury rates somehow refutes the need for liability reform. And I’ve posted items on lawyers’ turning down $500K cases as too small; “patients’-rights” front groups; do lawyers get better care when they are patients, or worse?; and M.D.s’ apologies.

Does tort reform affect insurance rates?

In my radio interview last week, I was asked about the Wisconsin Association of Trial Lawyers’ claim that tort reform measures have no effect on medical insurance rates. ATLA’s “fact sheet” on medical malpractice reform makes the same claim. A 2003 HHS compilation of studies on the matter, linked on our old medical page, refutes that proposition. (HHS, “Confronting the New Health Care Crisis”, Mar. 3, 2003 at Tables 6 and 7).

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