Comments on: Why I favor malpractice reform http://www.medrants.com/archives/3580 Internal medicine, American health care, and especially medical education Sat, 11 Feb 2012 15:15:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tom http://www.medrants.com/archives/3580/comment-page-1#comment-520689 Tom Sat, 17 May 2008 14:25:08 +0000 http://www.medrants.com/?p=3580#comment-520689 I've worked in the professional liability business for over ten years. I like the change to the burden of proof for ER care and the requirement of an independent medical expert. However, I have always maintained that caps are of little value and shouldn't have much impact on malpractice insurance rates. A vast majority of our losses are claims that settle for less than $200k. The runaway awards are anomalies that make good press but have little aggregate impact on the insurance business. Also, remember that caps usually apply only to pain and suffering, there is usually no cap on economic damages. I’ve worked in the professional liability business for over ten years. I like the change to the burden of proof for ER care and the requirement of an independent medical expert. However, I have always maintained that caps are of little value and shouldn’t have much impact on malpractice insurance rates. A vast majority of our losses are claims that settle for less than $200k. The runaway awards are anomalies that make good press but have little aggregate impact on the insurance business. Also, remember that caps usually apply only to pain and suffering, there is usually no cap on economic damages.

]]> By: Aaron http://www.medrants.com/archives/3580/comment-page-1#comment-520688 Aaron Sat, 17 May 2008 14:23:35 +0000 http://www.medrants.com/?p=3580#comment-520688 Of course, the picture is <a href="http://www.myfoxdfw.com/myfox/pages/Home/Detail?contentId=6552986&version=1&locale=EN-US&layoutCode=TSTY&pageId=1.1.1" rel="nofollow">much more complicated than you choose to pretend</a>. I am not sure why you consider drawing your attention to facts to be an "attack". But if that's how you choose to see it.... Of course, the picture is much more complicated than you choose to pretend.

I am not sure why you consider drawing your attention to facts to be an “attack”. But if that’s how you choose to see it….

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