Medical malpractice insurance is not unheard off before. However, to doctors, medical practitioners and even to hospitals, medical clinics and other medical facilities, medical malpractice insurance is fast becoming a necessity.
In California alone, medical malpractice suits are becoming more common, especially with the growing practice of aesthetics surgery from implants and facelifts as well as liposuctions and tummy tucks to enhance one’s features. For those going under the knife for aesthetics reason, patients are more apt to sue their doctors if they do not like what they see in the mirror after undergoing their preferred beautifying procedures.
Due to these growing medical malpractice suits, however, the premiums on medical malpractice suits are getting higher and higher. This is because of the increasing possibility of their insured getting sued for malpractice. Insurance companies are also trying to protect themselves from lost profits.
In order to cut down the alarmingly high costs of medical malpractice insurance, some suggests that pre trial screening should be regulated more in order to decrease unmeritorious cases. Others even advised the creation of a compensation system similar to workmen’s compensation to compensate for on job injuries.
In the end, the increasing prices of medical malpractice insurance should be seriously addressed, otherwise, we might find ourselves paying higher medical costs to compensate for the risks faced by our medical health providers.
In California alone, medical malpractice suits are becoming more common, especially with the growing practice of aesthetics surgery from implants and facelifts as well as liposuctions and tummy tucks to enhance one’s features. For those going under the knife for aesthetics reason, patients are more apt to sue their doctors if they do not like what they see in the mirror after undergoing their preferred beautifying procedures.
Due to these growing medical malpractice suits, however, the premiums on medical malpractice suits are getting higher and higher. This is because of the increasing possibility of their insured getting sued for malpractice. Insurance companies are also trying to protect themselves from lost profits.
In order to cut down the alarmingly high costs of medical malpractice insurance, some suggests that pre trial screening should be regulated more in order to decrease unmeritorious cases. Others even advised the creation of a compensation system similar to workmen’s compensation to compensate for on job injuries.
In the end, the increasing prices of medical malpractice insurance should be seriously addressed, otherwise, we might find ourselves paying higher medical costs to compensate for the risks faced by our medical health providers.
