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Malpractice insurance: what price can be put on safety?

Date Submitted: 09/09/2006 23:53:51
Category: / Business & Economy
Length: 3 pages (848 words)
Views: 171751

Malpractice Insurance: What Price Can Be Put on Safety? <Tab/>Recently, thousands of doctors of all trades rallied in the streets against malpractice rates (Appleby). The rising insurance costs are forcing doctors to the streets and out of business. These costs can be rooted back to greedy insurance companies and the economy. Malpractice insurance is extremely overpriced and is forcing physicians out of work, everywhere. <Tab/>Hundreds …

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…If over time they have not done a good job, let's re-test them or eliminate them," (1). <Tab/>The best solution for ending the outrageous costs of malpractice insurance may be for the federal government to freeze insurance rates and to regulate them (CJ&D 17). However, this is unlikely because the Republican conservative platform discourages federally controlled programs and government spending in favor of state and local control and spending (23).

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