Medical Liability Insurance Premiums Stable for Now; ACA Could Impact Later

Pain Management

Actuaries are continuing to debate how healthcare reform will impact medical liability insurance premiums, even as the average indemnity payment in 2013 remained relatively stable, according to an American Medical Association report.

A little over half — 58 percent — of premiums remained the same from 2012 to 2013, and premium increases have been far less frequent since 2006 than they were in the years before. However, with more people becoming insured under the Affordable Care Act, liability claims could surge if surgeons are spending less time with patients and making more medical errors.

 

While around 65 percent of claims are dismissed, dropped or withdrawn, around 90 percent that do go to trial are won by the defendant, according to the report.

 

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