June 15, 2003
Is there really a Medical Malpractice Insurance Problem?
There is a lot of interesting discussion going on regarding medical malpractice insurance. Kevin Drum has a lengthy analysis of the data (and links to this data if you want to work with it directly) and Dwight Meredith puts the $4.2 billion annual payout in perspective. Dwight has also provided some insight into eliminating frivolous lawsuits that is worth another read.
Bottom line: there may be a problem but it is not near what it is being made out to be and there are much bigger fish to fry that would have much more significant long term benefits.
