By Tom Baker
Tom Baker has displayed very sloppy examine for this publication. he's taking libelous, sensationalized information articles written by means of journalists who by no means interviewed these all for circumstances and makes use of them because the foundation of truth in his ebook. i'm always surprised that during at the present time of virtually quick verbal exchange, newshounds and authors can't visit the resource yet depend upon second-hand, and sometimes poorly researched, info.
I cannot end a ebook with blatant libelous statements - what percentage different fake statements are made? His use of peer-reviewed journals and experiences as assets doesn't negate his use of biased surprise journalism. after all Mr. Baker is definitely acutely aware that the sufferers of libel have even fewer rights than the sufferers of scientific malpractice.
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Extra resources for The Medical Malpractice Myth
So, too, the number of claims closed. For example, the average of the number of closed claims per year declined from 1894 per year during the 1988–1991 period to 1572 per year during the 1999–2002 period. ”29 : ’ As I pointed out at the beginning of the chapter, the medical malpractice epidemic is not exactly news. Although the California associations did not publicize their results, Professor Danzon did.
AN INSURANCE CRISIS, NOT A TORT CRISIS I don’t like to hear insurance-company executives say it’s the tort system—it’s self inﬂicted. —Donald J. Zuk, chief executive of SCPIE Holdings, a leading medical malpractice insurer. Anyone who reads the paper or watches the news knows that medical malpractice insurance premiums have gone up over the last few years—and that doctors, hospitals, and insurance companies blame lawyers, judges, and juries for this situation. ” The TV or newspaper image that anchors that refrain in the public mind is a throng of doctors in white coats massed on the steps of the state capital demanding tort reform.
As we will see, insurance accounting practices give malpractice insurance companies more than enough rope to hang themselves. And hang themselves they did. In this chapter, I will explain the insurance business cycle and why it has such a dramatic eﬀect on medical malpractice insurance prices. I will also address the trial lawyers’ claim that insurance company mismanagement and declining investment returns were the true causes of the crisis. As we will see, this story does not explain the insurance crisis any better than the lawsuit explosion story.