3 ms·
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/ That was a shockingly low figure relative to what I’
by Eliezer 8y ago
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/
That was a shockingly low figure relative to what I’ve heard from friends in medicine. Looking up the original paper showed that the estimators used for that figure were very sketchy, and the authors of the paper did not claim otherwise. They were simply grasping for any estimator they could.
- Retric 8y agoPeople in Medicine overestimate these costs as they represent a much smaller fraction of total Medicine costs than they assume. EX: Their are 1.1 million doctors assuming 250k average salary it adds up around 275 billion ish which seems huge, except that’s out of 2.2 trillion in US heathcare spending. So, that’s only adds up to around 10 percent of total spending. And malpractice insurance is well below what a doctor makes on average. Pills, buildings, janitors, machines, etc all add up.
- woolvalley 8y agoWell if your a doctor, %2/%10 is %20 of revenue for the doctor, which feels large. AFAIK it's doctors or their hospital that pays for malpractice insurance, so it come out of their pocket directly. They probably have stories of malpractice insurance not working that well, creating ruin for the doctors because of a relatively uncommon event, much like patients using the medical system.