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Wow! We Really Slapped Their Wrist and I Mean Hard |
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Written by Clark Newhall MD JD
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Thursday, 22 May 2008 13:20 |
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13 hospitals in California that killed and maimed people agregiously enough to attract the attentio of the state's regulators were fined the whopping sum of $25,000 each. That'll teach 'em!!! Here is the story. |
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The Big Lie |
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Written by Administrator
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Monday, 06 August 2007 18:53 |
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The medical & insurance industries have learned well the lesson that "If you are going to lie, lie big." For years, they have been touting the notion that insurance premiums for medical malpractice are the cause of rising health care costs. The medical industry parroted that line after seeing its effectiveness in other types of insurance, where the standard practice of the insurer is Blame The Victim. This section is where The Big Lie gets stopped. Medical malpractice insurance premiums have nothing to do with increases in health care costs. For many years, the amount that medical malpractice premiums contributes has been less than 1 dollar per 100 dollars spent on health care and has been declining. In 1999, it was about 56 cents per 100 dollars spent on health care. The proof is here. The figures on malpractice premiums are reliable; they are from AM Best's Aggregates and Averages, which is an actual tally of all premiums paid to insurers for both all medical malpractice insurance (hospitals, doctors, nursing homes, outpatient facilities.) It is not a calculated or extrapolated figure. The most current figures, from the 2003 edition of Best's, is 8.8 billion in premiums written against 1.55 trillion for health care cost. That works out to about 57 cents in malpractice premium for every 100 dollars in health care costs. |
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Lies