Comments on: Texas reduces medical malpractice rates http://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html Wed, 15 Feb 2012 00:27:00 +0000 hourly 1 By: Anonymoushttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79935 Anonymous Tue, 11 Sep 2007 16:50:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79935 >>The insurance group cut rates 12 percent in 2004; 5 percent in 2005; 5 percent in 2006; 7.5 percent in 2007 and now 6.5 percent in 2008. Other insurers have dropped premiums, too. <br/><br/>Well, if rates were doubled, say 100 to 200. As 100 is the baseline. Now we go up to 200. Use that year's rate as the baseline for calculation.<br/><br/>200-12%=176<br/>176-5%=167.2<br/>167.2-5%=158.84<br/>158.84-7.5%=146.93<br/>146.927-6.5%=137.38<br/><br/>So my rate went from 100 to 200. We get tort reform, and after several years the rate goes down to 137. I'll take it.<br/><br/>So from 200 to 2007, the rate goes from 100 to 137, versus, if previous increases were indicative, 400-plus without tort reform? >>The insurance group cut rates 12 percent in 2004; 5 percent in 2005; 5 percent in 2006; 7.5 percent in 2007 and now 6.5 percent in 2008. Other insurers have dropped premiums, too.

Well, if rates were doubled, say 100 to 200. As 100 is the baseline. Now we go up to 200. Use that year’s rate as the baseline for calculation.

200-12%=176
176-5%=167.2
167.2-5%=158.84
158.84-7.5%=146.93
146.927-6.5%=137.38

So my rate went from 100 to 200. We get tort reform, and after several years the rate goes down to 137. I’ll take it.

So from 200 to 2007, the rate goes from 100 to 137, versus, if previous increases were indicative, 400-plus without tort reform?

]]> By: Anonymoushttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79932 Anonymous Tue, 11 Sep 2007 16:26:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79932 How much did they save on their medical bills?<br/><br/>Thirty bucks a visit, when the patient had to drive to the nearby city for medical care 'cause there was no doctor willing to practice in the small town because of malpractice risk. How much did they save on their medical bills?

Thirty bucks a visit, when the patient had to drive to the nearby city for medical care ’cause there was no doctor willing to practice in the small town because of malpractice risk.

]]> By: MedFriendlyhttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79920 MedFriendly Tue, 11 Sep 2007 04:18:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79920 Interesting. I don't know what the actual tort reforms were, so I can't speak to this well. Does anyone have more specifics on the actual reforms in TX?<br/><br/>Dominic A. Carone, Ph.D. <br/>Founder and Webmaster of <a HREF="http://www.medfriendly.com" REL="nofollow">MedFriendly.com</a> and <a HREF="http://www.medfriendly.com/blog.html" REL="nofollow">The MedFriendly blog</a>. Interesting. I don’t know what the actual tort reforms were, so I can’t speak to this well. Does anyone have more specifics on the actual reforms in TX?

Dominic A. Carone, Ph.D.
Founder and Webmaster of MedFriendly.com and The MedFriendly blog.

]]> By: Anonymoushttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79918 Anonymous Tue, 11 Sep 2007 03:49:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79918 That's great, Kevin! How much have patients saved on their healthcare bills? That’s great, Kevin! How much have patients saved on their healthcare bills?

]]> By: Anonymoushttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79917 Anonymous Tue, 11 Sep 2007 03:48:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79917 So let's see - they raised rates over 100% between 2000 and 2003, but now they've lowered them 30%?<br/><br/>Who's the big winner? Insurance co. marketing, that's who! So let’s see – they raised rates over 100% between 2000 and 2003, but now they’ve lowered them 30%?

Who’s the big winner? Insurance co. marketing, that’s who!

]]> By: Anonymoushttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79916 Anonymous Tue, 11 Sep 2007 03:47:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79916 Correlation=cause!!<br/><br/>More pollution being released by man's activities plus warming trend means man is causing global warming, too! Correlation=cause!!

More pollution being released by man’s activities plus warming trend means man is causing global warming, too!

]]> By: Ms. Momhttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79911 Ms. Mom Tue, 11 Sep 2007 02:15:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79911 Inspiring statistic. It gives me more ammo as I encourage our docs to join in medical societies so that our voice is heard.<br/><br/>Ms. MOM @ MOMrants.com Inspiring statistic. It gives me more ammo as I encourage our docs to join in medical societies so that our voice is heard.

Ms. MOM @ MOMrants.com

]]> By: Anonymoushttp://www.kevinmd.com/blog/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79910 Anonymous Tue, 11 Sep 2007 02:12:00 +0000 http://clients.emmense.com/kevinmd/2007/09/texas-reduces-medical-malpractice-rates.html#comment-79910 As CJD would say, it is just because the stock and bond markets are doing so well. As CJD would say, it is just because the stock and bond markets are doing so well.

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