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Malpractice premiums decline nationwide after reform
Premiums for medical malpractice insurance have fallen 5 to 35 percent in several states as lawsuits tighten and doctors adopt safer practices. Doctor owned firms like Medical Liability Mutual Insurance Co and St Paul Fire & Marine cut rates, while reforms curb damages and boost risk management. A national database tracks doctors with malpractice outcomes, and Kansas cut premiums 25 percent last July.
MENTIONED IN THIS ARTICLE
Washington
Medical Liability Mutual Insurance Co
New York
Donald J. Fager
St. Paul Fire & Marine Insurance Co
United States
Beth M. Hamel
James S. Todd
American Medical Association
Insurance Exchange of
New Jersey
U.S. Public Health Service
Kansas