medical malpractice lawyers in florida
Copyright 1997 - 2017 McMillen Law Firm.
All Rights Reserved.

We're easy to talk to

and always working

Email

Search
Menu

Payouts Decline for the 15th Straight Year

Medical Malpractice in Florida

Medical Malpractice Payments Decline for the 15th Straight Year

Insurance companies and doctors frequently complain that the rising cost of malpractice claims is a reason to place restrictions on malpractice law suits.   They claim there are too many law suits and claim a need to place caps on the amounts patients can recover for severe injuries because the costs of these awards are onerous, and climbing.

However, for the 15th year in a row, malpractice payouts both in Florida and nationwide, have declined, according to statistics released from  The National Practitioner Data Bank.   Insurance companies, of course, are interested in maintaining their bottom line and their stock holders’ dividend payouts are more important than covering insurance claims.

payouts for medmal cases still declining

Overall, this trend shows a couple of things that we’re happy to see. The first is that physicians are performing better and causing fewer injuries, although the numbers are still too high.   Whether this is due to better training or greater care being taken due to a fear of being sued, the trend is overwhelmingly positive.

WE ARE EASY TO TALK TO, so if you think you’ve been the victim of Medical Malpractice, please take a moment to Contact Us.

Below are the numbers of

malpractice payouts nationwide

since 2001:

  • 2001 – 15,898
  • 2002 – 15,141
  • 2003 – 15,124
  • 2004 – 14,516
  • 2005 – 13,613
  • 2006 – 11,737
  • 2007 – 11,268
  • 2008 – 10,867
  • 2009 – 10,793
  • 2010 – 9,891
  • 2011 – 9,792
  • 2012 – 9,555
  • 2013 – 9,527
  • 2014 – 9,143
  • 2015 – 8,594
  • 2016 – 8,157

As far as payouts per population, in 2016, Florida ranks number 8 nationwide.

No Comments

Sorry, the comment form is closed at this time.