11 Pages Posted: 13 May 2008
Massachusetts has the fourth-highest median malpractice settlement payments for all states. The American Medical Association (AMA) declares it a crisis state. As a test case, we analyzed its premiums from 1975 to 2005. In 2005 mean premiums were $17,810 for the coverage level and policy type most frequently purchased. Most physicians paid lower inflation-adjusted premiums in 2005 than in 1990. Mean premiums increased in only three specialties comprising 4 percent of physicians: obstetrics, neurology, and orthopedists-spinal surgery. However, because of discounts and surcharges, in 2005 premiums within the three highest-risk specialties varied nearly threefold, and nearly one third paid less than in 1990.
Suggested Citation: Suggested Citation
Rodwin, Marc A. and Chang, Hak and Ozaeta, Melissa M. and Omar, Richard J., Malpractice Premiums in Massachusetts, a High-Risk State: 1975 to 2005. Health Affairs, Vol. 27, No. 3, p. 835, 2008; Suffolk University Law School Research Paper No. 08-16. Available at SSRN: https://ssrn.com/abstract=1132815