Malpractice_08 - Medical Malpractice PAM 435 April 17, 2008...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
Medical Malpractice PAM 435 April 17, 2008
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Today’s Objectives Are we experiencing a medical malpractice crisis? What are the objectives of the malpractice system? How well is the system meeting those objectives? Are there policy changes that could improve performance?
Background image of page 2
“Are Soaring (Malpractice Premium) Rates Sending DC Doctors to the Suburbs?” Source: Fleury, Washingtonian , 2005. 69 140 94 141 65 143 65 94 56 85 72 115 General surgery OB/GYN Ortho Neuro DC MD VA Average Annual Malpractice Premium ($000), 2005
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
3 Components of Malpractice Premiums 1) To cover patients’ economic costs: current and future medical expenses and lost wages 1) To cover patients’ “pain and suffering” costs 3) To cover an insurer’s administrative costs, including legal defense costs (e.g., lawyers’ fees) Most Stories Focus on Frivolous Lawsuits and Excessive “Pain and Suffering” Payouts Source: Feldstein, 2007.
Background image of page 4
Source: Congressional Budget Office, 2004. Nationally, Malpractice Premiums Starting Increasing (Again) in 1999
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
But It’s Important to Keep Perspective Source: Rodwin, Chang, and Clausen, 2006, Health Affairs .
Background image of page 6
And malpractice premiums account for only about 1% of national health care spending in the United States
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Objectives of the Medical Malpractice System 1) Deter future negligence by providing incentives for MDs, hospitals, and other medical providers to consider their actions/behavior carefully 2) Compensate patients injured through negligent behavior 3) Exact corrective justice Source: Keeton et al., 1984.
Background image of page 8
Deterrence of Malpractice System: 1984 New York Study Hospital patient injured due to medical care? YES
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/12/2008 for the course PAM 4350 taught by Professor Nicholson during the Spring '08 term at Cornell University (Engineering School).

Page1 / 26

Malpractice_08 - Medical Malpractice PAM 435 April 17, 2008...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online