To: hocndoc
How does medical liability insurance compare to the insurance paid by other service type businesses as a % of net income?
2 posted on
09/02/2003 12:08:14 AM PDT by
At _War_With_Liberals
(If Hillary ever takes the oath of office, she will be the last President the US will ever have. -RR)
To: At _War_With_Liberals
We pay all the other types of insurance, plus medical malpractice.
The percentage varies, and I can't remember reading about it that way.
I'd bet it's gone from 5 or 6% to 10% to 20%, just off the top of my head.
4 posted on
09/02/2003 12:11:20 AM PDT by
hocndoc
(Choice is the # 1 killer in the US)
To: At _War_With_Liberals
I know that high risk malpractice insurance is out of control. The neurosurgeon who operated on my back (he's a neck and brain tumor specialist, so my lumbar vertebra was a walk in the park for him) told me that his malpractice premium was over $120,000 a year.
Mark
5 posted on
09/02/2003 12:30:48 AM PDT by
MarkL
(Get something every day from the four basic food groups: canned, frozen, fast and takeout)
To: At _War_With_Liberals
We compared my wife's professional liability insurance (75 person CPA firm) with a friend's 4-doctor anesthesiology practice. I don't have the exact numbers, but the wife's practice pays an order of magnitude less than the docs, with an order of magnitude more professionals. So net-net, in this comparison, they're paying roughly two orders of magnitude more for medical malpractice than CPA malpractice.
11 posted on
09/02/2003 3:42:49 AM PDT by
FreedomPoster
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