Medical Malpractice Carriers

For the most part, people are in business to make money. Medical malpractice carriers are no different. They exist to provide protection for medical professionals and allow them to keep practicing their profession while still providing a sufficient profit for their companies as well. In recent years, however, medical malpractice liability has become a problem in desperate need of a solution. For medical professionals and medical malpractice carriers, the answer is tort reform, limiting the amount of malpractice awards. However, if that does not adequately compensate those who have permanent injuries or the families of those who have lost a loved one, they become the big losers. Many states have enacted medical malpractice caps to prevent out of control awards in civil suits, but others have not, producing a wide range of awards across the country. Unless and until a more stable nation policy exists, each attorney will continue to try to win the compensation their clients deserve.

Fast Facts

  • There are approximately 1.5 million medication-related medical malpractice injuries every year, producing $887 million in additional medical costs.
  • Only about 15% of medical malpractice suits end in trial verdicts. Most are settled out of court.

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