Study - Medical Malpractice Payouts Not the Culprit in Skyrocketing Health Care Costs
Researchers at Johns Hopkins debunk claims that large frivolous malpractice payouts are driving high health care costs.
In a review of medical malpractice payouts of over $1 million, published in the “Journal for Healthcare Quality,” researchers reviewed nationwide medical malpractice claims using the National Practitioner Data Bank, looking at data from 2004 to 2010 detailing payments made on behalf of individual providers.
Medical malpractice payouts over $1 million are categorized as catastrophic claims. Researchers found payouts for catastrophic claims amounted to approximately $1.4 billion annually, accounting for far less than one percent of medical expenditures in the United States.
They are, according to study authors, most likely to occur in cases in which a patient is injured or killed is under the age of one, develops quadriplegia, brain damage or the need for lifelong care due to medical malpractice, or in claims that result from anesthesia-related problems.
Researchers concluded that their findings indicate that efforts in reducing health care costs and improving patient safety should be directed towards determining what interventions might prevent errors that result in catastrophic payouts, and that the data suggests that the focus of legal reform efforts should be aimed at reducing defensive medicine rather than the creation of malpractice caps.
The experienced Chicago personal injury lawyers at Ankin Law Office are dedicated to providing exceptional legal advice and representation to clients in personal injury or wrongful death cases related to medical malpractice. To schedule a free, no obligation consultation, please contact Ankin Law Office at (800) 442-6546.
For more information, please visit http://www.ankinlaw.com/medical-malpractice.html.
Attorney Howard Akin is a member of the national attorney network on LawyerCentral.com.
About Lawyer Central
Lawyer Central Network is a nationwide network of attorneys using technology to increase their individual exposure. Lawyer Central is emerging as a leading public relations and mixed media marketing organization for fast-growing law firms and forward-thinking attorneys. Lawyer Central membership includes access to cutting edge technology, as well as various types of media exposure ranging from practice area videos and in depth interviews to complete public relations and internet relations management.
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.