Consumers for Civil Justice - Multiple Factors Have Contributed to Increased Premium Rates

Multiple Factors Have Contributed to Increased Premium Rates

Since 1999, medical malpractice premium rates have increased dramatically for physicians in some specialties in a number of states. However, among larger insurers in the seven states GAO analyzed, both the premium rates and the extent to which these rates have increased varied greatly...

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CJD - Falling Claims and Rising Premiums in the Medical Malpractice Insurance Industry
ATLA - Caps on Medical Malpractice Damages Unconstitutional, Wisconsin Supreme Court
Summary - Falling Claims and Rising Premiums in the Medical Malpractice Insurance Industry
Number of Federal Tort Trials Fell by Almost 80 Percent from 1985 through 2003

Total payments for malpractice judgments have fallen 24.5 percent, from $299.6 million in 2000 to $226.2 million in 2004.
The median payment resulting from a judgment appears to have risen, from $230,000 in 2000 to $265,000 in 2004.
The total number of judgments against physicians dropped 31.9 percent between 2000 and 2004, from 670 to 456.
The number of malpractice judgments against physicians, adjusted for population growth, has fallen 34.6 percent since 2000.