Showing 1 - 10 of 20
We study the factors that predict medical malpractice ("med mal") insurance premia, using national data from Medical Liability Monitor over 1990 to 2017. A number of core findings are not easily explained by standard economic theory. First, we estimate long run elasticities of premia to...
Persistent link: https://www.econbiz.de/10013272267
Persistent link: https://www.econbiz.de/10011641786
Persistent link: https://www.econbiz.de/10011740676
Persistent link: https://www.econbiz.de/10003826508
Persistent link: https://www.econbiz.de/10003732167
Persistent link: https://www.econbiz.de/10003752259
Many physicians and tort reform advocates believe that most medical malpractice (“med mal”) claims are “frivolous …”; they often rely on reports that only about 20% of claims result in a payout. Many physicians and reform advocates also … number of defendants they sue. In med mal cases involving only physicians and/or institutions, the mean number of defendants …
Persistent link: https://www.econbiz.de/10012973003
caps on recoveries in both tried and settled cases. We also found that physicians faced little personal exposure on … malpractice claims. Out-of-pocket payments (OOPPs) by physicians were rare and usually small. Physicians could reduce their … amount of insurance coverage purchased by physicians with paid claims declined substantially over 1988–1999, consistent with …
Persistent link: https://www.econbiz.de/10013005651
in total patient care physicians, increases in specialties that face high liability risk (with a possible exception for … plastic surgeons), nor increases in in rural physicians.The online appendix is available from SSRN at 'http …
Persistent link: https://www.econbiz.de/10013006144
Since 1980, Illinois has experienced three med mal insurance crises – in the mid-1980s, mid-1990s, and early-2000s. Each time, Illinois responded by enacting tort reform. Using a previously unavailable database of closed medical malpractice (“med mal”) claims, maintained by the Illinois...
Persistent link: https://www.econbiz.de/10013006216