For the Kentucky Medical Malpractice Lawyer: Medical Malpractice Crisis is a Myth
No surprie to us .... A recent study by Health Affairs, the industry's leading policy periodical, comes to the conclusion that there is no malpractice crisis.
"Conclusion
To paraphrase Mark Twain's comment on reading his obituary in a newspaper, the reported recent demise of medical practice as a result of rising malpractice premiums has been greatly exaggerated. The perception that
increased malpractice premiums cause a crisis is at odds with evidence from the AMA surveys. These surveys indicate that premiums have consistently been a small percentage of total practice expenses except within anesthesiology, which is a result of its having much lower than average nonpremium expenses. When premium increases occurred between 1970 and 1986, and from 1996 to 2000, they had only a small effect on net income."
Look at this chart which shows medical malpractice premiums in relation to total expenses and net income.
Self-Employed Physicians: Mean Malpractice Premiums, Total Expenses, And Net Income, Selected Years 1970-2000
Bookmark: 
