"The High Cost of Medical Malpractice Insurance for Doctors: What is the Cause? - Show I" was first aired on Sunday March 2nd 2003. Our Guest was Jim D. Loftis, President, Oklahoma Trial Lawyers Association.
Our topics included:
- Medical malpractice insurance premiums apparently are increasing - what is the cause?
- Is it the verdicts plaintiffs are receiving from juries?
- Is it insurance companies overcharging people they know have the ability to pay?
- Are jury verdicts against doctors for medical malpractice without any basis in reality?
- Have the size of medical malpractice verdicts "gone through the roof"?
- What is responsible for the dramatic increase in average payout on medical malpractice judgments in the last two years. From $18 million to $33 million.
- Legislation to:
- Cap non-economic damages at $250,000 - wise or unwise?
- Limit attorneys' contingent fees - wise or unwise?
- Require expert certification before suit can be filed - wise or unwise?
- Legislation now dormant
- Governor Henry's panel on medical malpractice insurance:
- Andy Coats - Chairman
- Representatives from the medical community
- Representatives from lawyers to defend medical malpractice cases
- Representative of lawyers who represent plaintiffs in medical malpractice cases
- What do you expect to come from this panel?
- Are lawyers actually benefiting by keeping more than 50% of the jury awards? How can this be?
- Tort reform battle is joined again. This time, focus is the insurance premium being charged to doctors by medical malpractice insurers.
- What is the cause? Is the cost out of line with the benefit provided by the insurance?
- Follow-up show we will have Dr. Jack Beller from the Oklahoma State Medical Association discussing the other point of view
Kent Meyers, Mick Cornett, Jim Loftis