|Selected research from leading health care experts whose findings have a direct bearing on public policies effecting medical progress. Research is chosen based on its quality and relevance by the Medical Progress Today editorial staff.||
Medical Malpractice Awards, Insurance, and Negligence: Which Are Related?
Medical malpractice insurance premiums have reached an all-time high. In response, doctors have retired early, shut down their businesses, or reduced the scope of their practices. In this Civil Justice Report, George Mason University's Alexander Tabarrok and Amanda Agan look empirically at the cause of increased medical malpractice premiums and conclude that a direct relationship exists between tort awards and medical malpractice premiums. Tabarrok and Agan reject the hypothesis that insurance industry "price gouging" explains malpractice premiums. The authors also find that the tort system is influenced by factors not related to doctor negligence.
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