Malpractice Premiums in Massachusetts, a High-Risk State: 1975 to 2005

11 Pages Posted: 13 May 2008  

Marc A. Rodwin

Suffolk University Law School; Harvard University - Edmond J. Safra Center for Ethics

Hak Chang

Suffolk University

Melissa M. Ozaeta

Suffolk University

Richard J. Omar

Suffolk University

Abstract

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

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

Marc A. Rodwin (Contact Author)

Suffolk University Law School ( email )

120 Tremont Street
Boston, MA 02108-4977
United States
617-573-8354 (Phone)
617-305-3087 (Fax)

HOME PAGE: http://www.law.suffolk.edu/faculty/directories/faculty.cfm?InstructorID=48

Harvard University - Edmond J. Safra Center for Ethics ( email )

124 Mount Auburn Street
Suite 520N
Cambridge, MA 02138
United States

Hak Chang

Suffolk University ( email )

Boston, MA 02108
United States

Melissa M. Ozaeta

Suffolk University ( email )

Boston, MA 02108
United States

Richard J. Omar

Suffolk University ( email )

Boston, MA 02108
United States

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