May 2009 · Vol. 21, No. 05Here’s how we can solve the malpractice dilemma
Past malpractice crises have taught us much. But the ultimate fix? That requires each of us to step up.
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Fast Track
Few states restrict the dollar amount awarded for “pain and suffering,” and none restrict damage awards
Malpractice premiums have risen 925% since the 1970s
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Tom
D.
Throckmorton,
MDDr. Throckmorton is in practice with Northwest Iowa Surgeons PC, Spencer, Iowa.
The author reports that he is a member and past board member of the Iowa Medical Society. He is a current board member of the Midwest Medical Insurance Company.
*This example is a bit disingenuous. In real life, the insurance industry has several mechanisms available to cushion a solitary large outlier like this in any given year (reinsurance, etc). However, the net effect as portrayed here is quite real.
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