4 ms·
Some initial Googling finds one article putting malpractice claims at about half a percent of the total cost of health care in the U.S. ("The cost of defending
by moss 17y ago
Some initial Googling finds one article putting malpractice claims at about half a percent of the total cost of health care in the U.S. ("The cost of defending U.S. malpractice claims is estimated at $6.5 billion in 2001, only 0.46 percent of total health spending." [1]). On the face of it, that doesn't sound like a place to look for serious improvements. Is there something non-obvious that makes it more significant than it sounds?
[1] http://content.healthaffairs.org/cgi/content/full/24/4/903 http://content.healthaffairs.org/cgi/content/full/24/4/903
- byrneseyeview 17y agoRisk preference? Individual doctors are exposed to a risk of many times their annual salary if something goes wrong and a patient gets a lawyer. If they have the choice between an operation costing $X with a 10% chance of failure, and one costing 50*$X with a 1% chance of failure, they may choose the latter so they don't need to worry so much about getting sued.