Professional Negligence: Medical Malpractice Insurance

The Congressional Budget mooring recently stated that defending medicinal drug is probably non a major factor in the cost of medical checkup care. On the other hand, the Bush administration estimated in 1991 that defensive euphony costs $20.7 jillion a year. The American College of Surgeons account in 1984 that the costs stood at $52 million.

The Lewin-VHI report points to special(prenominal) procedures and their high cost. The report cites surgical test, and it is estimated that 60 percent of pre-operative testing is not needed and that more efficient testing could bewilder about a saving of $2.7 billion annually. Another $1 billion is spent on unnecessary fetal monitoring. The report says that there is no way to make the figures exact, but it is believed that the mid-range savings stand at $36 billion over quintet years but that the actual savings could range from $7.5 billion to $76.2 billion (Brostoff, 1993, 5).

McCormick (1993) refers to a force field by the National medical examination Liability Reform alignment, and the study concluded that tort mitigate would reduce the need for unnecessary procedures and save $4.3 million in the first year and $34 million over a five-year period, not including added savings from lower insurance premiums. Defensive medicine is defined in this study as ordering marginal or unnecessary tests and procedures solely to protect against a potency malpractice suit. The study notes that this is a nebulous concept to measure and ad

Brostoff, S. (1993, February 8). "Eliminate defensive medicine, save $36 billion." National Underwriter Life & Health-Financial Services Edition, 5.

dress, though make medicine insists that it is a real and significant negative by-product of the tort system. AMA statisticians in 1992 tried to quantify the concept and estimated that $15.1 billion was spent on physician-ordered defensive medicine in 1989, which was on top of the $5.6 billion spent by doctors on victor liability insurance premiums, the cost for which was passed on to the consumer as well.

The study by the National Medical Liability Reform Coalition tried to go beyond the AMA numbers. The organization includes members from the AMA, the American hospital Association, the National Association of manufacturers, and MMI Cos., a hospital liability insurer. The report tries to quantify liability premiums and defensive medicine costs generated both(prenominal) by hospitals and physicians.

McCormick, B. (1993, February 15). "Study: Defensive medicine costs to the highest degree $10 billion." American Medical News, 4-5.

Cavendish, R. (1992, July 18). "Tested, but untried." The Economist.

Critics claim the fabrication places too much emphasis on defensive medicine and state that in fact it is impossible to calculate. Critics say that at most it represents an insignificant piece of overall health costs. The confederacy study recognized that the fear of malpractice is difficult to separate from other incentives doctors have to overutilize, such as financial factors, patient preferences for high-pressure treatment, peer review organization requirements, and prevailing ideas of safety and efficacy. However, defensiv
Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.