Liability lottery a costly bad habit

Article Abstract:

The American Medical Assn recommends reform of professional liability and an alternative system of dispute resolution to avoid further increases in the cost of medical care. Defensive medicine cost the US $15.1 billion in 1989. Much of this expense of unnecessary procedures can be avoided by guidelines for appropriate care. Tort system expenses, which added up to $132 billion in 1991, may increase to $300 billion by the year 2000 unless measures for fairness and efficiency are adopted.

Editorial

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MD-owned liability firms face competition

Article Abstract:

The current state of the physicians' liability insurance market is analyzed, comparing the policies available from physician-owned companies and/or independent insurance companies. Although independent agencies may offer lower rates, many physicians feel they do not take into account the special ethical and economic needs of the profession when insurance matters are involved.

Marketing, Insurance industry

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MDs' liability firms, despite gains, see problems in future

Article Abstract:

Many medical malpractice insurance companies are owned by physicians after difficulties with commercial companies in the '70s. Rising costs and increasingly expensive malpractice suits were problems discussed at the PIAA conference in mid-May.

Self-insurance, Self insurance

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