Factors affecting the premium amounts payable by the healthcare providers

There are certain important changes in the liability insurance markets that have affected the premium amounts payable by the healthcare providers. (Mello, M. 2004) Some of the factors are: (1) The physician owned and operated companies (mutuals) offered lower rates than the commercial insurance companies and also provided more control over the premium rates. However some mutuals due lack of underwriting experience have failed during hard times. (2) The phenomenal losses the reinsurance business suffered after the 9/11 incident has made the reinsurance premiums expensive.

Impact of medical malpractice insurance on the physicians and patients

Assessing the impact of medical insurance malpractice on physicians and patients require a better understanding of the method of working of the medical insurance malpractices and the reasons for change in premiums. This review provides the basic description of these issues in addition to discussing the impact of the medical insurance malpractices on physicians and patients.  The ways in which the medical insurance malpractices works The amount being spent by the public on the medical insurance malpractice system.