Medical Economics December 11, 2024
Key Takeaways
- “Nuclear” verdicts are causing substantial increases in malpractice insurance premiums, particularly in certain states.
- The prevalence of large jury awards is destabilizing the malpractice insurance market, leading to higher costs for healthcare professionals.
- Market trends suggest that these challenges will continue, potentially resulting in further rate increases by 2025.
- Healthcare providers need to engage in strategic planning and risk management to mitigate the impact of...
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