Rising Insurance Costs
The discussion highlights the troubling rise in malpractice insurance costs, primarily driven by increasing tort awards. As jury settlements escalate, doctors face higher payouts, which in turn forces them to settle for more in lawsuits. Despite these rising costs, insurance companies are struggling, with some even exiting the market altogether.In this clip
From this podcast
EconTalk
Alex Tabarrok on the Economics of Medical Malpractice
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