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Medical Malpractice Litigation

Effects of Local Litigation Disparities on Area Medical Costs and Physician Supply
BuchKartoniert, Paperback
164 Seiten
Englisch
Scholar's Presserschienen am02.03.2014
This research examines the impact of varying levels of medical malpractice litigation on area medical costs and physician supply. Utilizing two separate units of analysis and alternative regression equations, the results indicate that the level of malpractice litigation is positively related to local per capita medical expenditures and negatively related to the number of area physicians. The differences are presumed to be attributed to defensive practices by physicians based on varying degrees of perceived risk along with higher malpractice insurance premiums. The results suggest that the addition to cost is substantial, potentially adding up to 17.32% in some jurisdictions, with the impact exceeding annual dollar amounts of malpractice judgments and settlements. The effect related to physician supply is smaller but highly statistically significant. The data supports the idea that litigation does have an economic impact on healthcare and underscores the importance of political institutions relating to economic activity.mehr

Produkt

KlappentextThis research examines the impact of varying levels of medical malpractice litigation on area medical costs and physician supply. Utilizing two separate units of analysis and alternative regression equations, the results indicate that the level of malpractice litigation is positively related to local per capita medical expenditures and negatively related to the number of area physicians. The differences are presumed to be attributed to defensive practices by physicians based on varying degrees of perceived risk along with higher malpractice insurance premiums. The results suggest that the addition to cost is substantial, potentially adding up to 17.32% in some jurisdictions, with the impact exceeding annual dollar amounts of malpractice judgments and settlements. The effect related to physician supply is smaller but highly statistically significant. The data supports the idea that litigation does have an economic impact on healthcare and underscores the importance of political institutions relating to economic activity.
Details
ISBN/GTIN978-3-639-70978-0
ProduktartBuch
EinbandartKartoniert, Paperback
Erscheinungsjahr2014
Erscheinungsdatum02.03.2014
Seiten164 Seiten
SpracheEnglisch
Artikel-Nr.15457250
Rubriken
GenreWirtschaft