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Saturday, May 6th 2006

Malpractice Study

Daniel P. Kessler of Stanford University and the Hoover Institute says, in a National Bureau of Economic Research paper, that increases in costs associated with the judicial system have been behind the increase in physician medical malpractice premiums.

The Determinants of the Cost of Medical Liability Insurance

The policy implications of this evidence are clear. Tort reforms are the best proven instrument for reducing malpractice premium growth and its adverse consequences.