|[February 07, 2013]
Malpractice Claims Data Shows Litigation System Needs Reform
NAPA, Calif. --(Business Wire)--
In two short videos released by The Doctors Company, the nation's
largest medical malpractice insurer, Chairman and CEO Richard E.
Anderson, MD, FACP, provides national data from a collaboration with the
RAND Corporation that objectively indicates the malpractice litigation
system is broken and needs to be fixed.
The Doctors Company gave the RAND Corporation and other researchers
unfettered access to its claims database with over 40,000 physicians who
had faced malpractice claims between 1995 and 2005 in every U.S. state
and the District of Columbia. The resulting study was recently published
In the video "Pending
Malpractice Claims Consume Physicians' Careers," Dr. Anderson
discusses the RAND study, finding that the average physician spends 50.7
months, or over four years, of a 40-year career fighting malpractice
claims-the majority of which end up with no indemnity payment.
Dr. Anderson also cites findings that show the percentage of physicians
in each specialty who face a claim every single year. In the video "Malpractice
Claims Faced Annually by Physicians," he notes that 20 percent of
all neurosurgeons report a claim every year, compared with 15.5 percent
of general surgeons, 10 percent of urologists, and 7.5 percent of
"We are pleased to share our unique claims database for this significant
research," Dr. Anderson said. "With nearly 75,000 members and over 35
years of experience in medical malpractice litigation, we have the depth
and breadth of information required for this type of research. These
findings by the RAND Corporation are objective evidence that the
litigation system needs to be fixed so physicians can spend their time
practicing good medicine instead of fighting claims, the majority of
which are fruitless, if not frivolous."
To view the videos and to subscribe to The Doctors Company YouTube (News - Alert)
channel, go to www.youtube.com/doctorscompany.
To view more extensive data on the time spent by physicians on
malpractice claims, go to www.thedoctors.com/claimsfrequency.
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com)
is relentlessly committed to advancing, protecting, and rewarding the
practice of good medicine. The Doctors Company is the nation's largest
medical malpractice insurer, with 73,000 members and $4 billion in
assets, and is rated A by A.M. Best Company and Fitch Ratings.
Follow The Doctors Company on Twitter
at @doctorscompany for industry trends, subscribe to its YouTube
site to hear from industry experts, connect with The Doctors Company on LinkedIn
to engage with company leaders, and find information on its key
milestones and achievements on Facebook.
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