The Effect of Medical Malpractice Liability on Physicians’ Incomes Job Market Paper
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The Transitioning Medical Professional Liability Market—Challenges in Valuing a Medical Professional Liability Company
Likely driven by continuing health reform efforts and the flight of physicians from administrative detail and operating risk, statistics indicate that the number of physicians in private practice has declined notably over the past 10 years. By the time the Affordable Care Act was upheld by the U.S. Supreme Court on June 28, 2012, at least one industry source was estimating that the number of ph...
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The growth of medical malpractice liability costs has the potential to affect the delivery of health care in the U.S. along two dimensions. If growth in malpractice payments results in higher malpractice insurance premiums for physicians, these premiums may affect the size and composition of the physician workforce. The growth of potential losses from malpractice liability might also encourage ...
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For many years physicians and other medical providers in the United States have been subject to a negligence rule of liability. Under a negligence rule, patients who suffer an adverse outcome are entitled to compensation if they can show that they incurred an injury that was caused by the physician's failure to take due care, defined as departure from the customary standard of care of physician...
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State apology laws offer a separate avenue from traditional damages-centric tort reforms to address medical malpractice liability. These laws facilitate apologies from physicians by excluding statements of apology from malpractice trials. Prior research suggests that apologies may assuage the anger of patients, decrease the number of claims filed, and lower settlement amounts. Using a unique da...
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