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Saturday, May 17, 2008

Rodwin et al. on Malpractice Insurance Premiums

Professor Michael Rustad (Suffolk) passes on a study entitled Malpractice Premiums in Massachusetts, A High-Risk State:  1975 to 2005, performed by his colleague Professor Marc Rodwin and several co-authors.  Here is the abstract:

Massachusetts has the fourth-highest median malpractice settlement payments for all states.  The American Medical Association (AMA) declares it a crisis state.  As a test case, we analyzed its premiums from 1975 to 2005.  In 2005 mean premiums were $17,810 for the coverage level and policy type most frequently purchased.  Most physicians paid lower inflation-adjusted premiums in 2005 than in 1990.  Mean premiums increased in only three specialties comprising 4 percent of physicians:  obstetrics, neurology, and orthopedists--spinal surgery.  However, because of discounts and surcharges, in 2005 premiums within the three highest-risk specialties varied nearly threefold, and nearly one-third paid less than in 1990. 

The full article, which is sure to be hotly discussed, is available (in pdf) here:

Download rodwin_malpractice_premiums_in_mass_a_high_risk_state_197520051.pdf   

--CJR

http://lawprofessors.typepad.com/tortsprof/2008/05/rodwin-et-al-on.html

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» Marc A. Rodwin et al., Malpractice Premiums In Massachusetts from PointOfLaw Forum
A Suffolk University Law study on medical malpractice rates, written by Marc A. Rodwin, Hak J. Chang, Melissa M. Ozaeta, and Richard J. Omar, and published by Health Affairs by has been getting a lot of attention. (Rodwin is a... [Read More]

Tracked on May 17, 2008 7:02:13 AM

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