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... The simple idea of malpractice insurance is the blame for it. Medical malpractice insurance is what doctors, surgeons and nurses pay for in order to protect themselves from “sue-happy” people. ... These claims are what make malpractice insurance rise. With increasing rates for malpractice insurance, doctors can do nothing else but increase the costs for surgery and visits. ...
Obstetricians and gynecologists (OB GYNs) are two of the most vulnerable positions for getting sued; therefore, higher rates for malpractice insurance. ...
Malpractice insurance was formed when the insurance system experienced a period of decline in the early 70’s, due to insurers leaving the field because of sky-rocketing claims and exploding rates. ... Responding to the problem , physicians formed doctor-owned malpractice insurance companies to provide coverage. These companies now write about half of all the medical malpractice insurance in the nation . ... In addition to the fact that people became more sue-happy than in the past, people also became more aware of physicians vulnerability to malpractice suits.
Approximate Word count = 748 Approximate Pages = 3 (250 words per page double spaced)
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