Wall Street Journal: Health Affairs Study Says Malpractice Premiums Have Fallen Since 1990
A recent post by the Wall Street Journal points out that a study published in Health affairs reports that Massachusetts medical malpractice premiums have actually fallen since 2005:
Given how often we hear complaints about rising malpractice premiums, we couldn’t help but notice a study out today that suggested rates have actually fallen slightly in Massachusetts over the past 15 years or so.
Researchers focused on premiums for policies that covered up to $1 million per claim and $3 million per year. In inflation-adjusted terms, the mean premium in 2005 was $17,810, down from $17,907 in 1990. The figures are based on policies sold by ProMutual, a state-regulated mutual insurer that’s a big player in Massachusetts.
Hopefully this indicates a trend in medical malpractice premiums across the United States, including Florida, California, and Washington DC