The bad apples? malpractice claims experience of physicians with a surplus lines insurer

by Elizabeth Lewis, John E. Rolph

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback23 pages $20.00 $16.00 20% Web Discount

To compare the malpractice claims experience of physicians in a high malpractice risk population to those in a normal population, the authors used claims data from one national surplus lines malpractice insurer and one large standard lines malpractice insurer. In addition, a second surplus lines insurer supplied data on policyholder characteristics that was used to compare the characteristics of physicians across populations. Surplus lines insured physicians had frequencies of claims filed of over twice as high as doctors in comparable specialties insured by the standard lines insurer. Surplus lines insureds had much shorter coverage periods (72% leaving within a year or less) as compared to those with conventional coverage (less than 11% leaving within a year or less). Surplus lines insureds were somewhat older, more frequently board certified and were proportionately more in high risk specialties than the physician population of the country.

This report is part of the RAND Corporation paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.