Location- location, location, location, is what you think of regarding real estate prices. Did you know that location is also one of the primary factors in how much a physician pays in premium for malpractice insurance coverage? Because each State has their own unique laws regarding tort liability, premiums can vary greatly depending on the State and/or County you practice in. States that have passed meaningful Tort reform, such as California and Texas, have experienced…
What is the current status of tort reform in Florida regarding medical malpractice lawsuits? The Supreme Court in Florida is about to decide on Medical Malpractice Caps in the state. The case currently being evaluated (Evette MccAll v. United States of America S11-1145) was recently presented to the top court in Florida and oral arguments were given on both sides. The case challenges the law that was enacted in Florida in 2003 which caps non-economic…
Responding to continually increasing premiums in the 1990’s and early 2000’s, many stated enacted tort reform laws imposing limits on non-economic damages believing that exorbitant jury awards were the cause of increasing insurance premiums for physicians, and the imposition of caps on awards would thwart the growing medical malpractice insurance crisis. By 2006, 32 states had enacted some form of tort reform. Oklahoma re-initiated tort reform in 2009 after previous attempts in the early 2000’s…
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