One of the parts of Health Insurance Costs that are huge, but are seldom talked about are the malpractice claims.
They cite 9,750 claims of an average of $327,000 a piece as good news.
Now you know why California Health Insurance is so expensive!
I read an excerpt:
Public Citizen is a national, nonprofit consumer advocacy organization.
“Contrary to the promises of policymakers and leaders of physician groups who have spent the past two decades championing efforts to restrict patients’ legal rights, there is no evidence that patients receive any benefits in exchange for ceding their legal remedies,” said Taylor Lincoln, research director of Public Citizen’s Congress Watch division and author of the report. “Instead, malpractice victims and ordinary patients end up absorbing significant costs for uncompensated medical errors.”
Then I understood the agenda of the group that published this study
Lawsuits are a problem in every industry.