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Of Consuming Interest - 09/24/10
September 17, 2010 Download this episode (right click and save)
Michael C, Stinson is the Director of Government Relations for Physicians Insurers Association of America.
Discusses Association and Health Care Reform. Physicians Insurers Association of America is a trade association representing medical liability insurance carriers known as medical malpractice insurers. The Association was started in 1977 as result of claims which tripled during that time period. It has a membership requirement that every company be owned or operated by physicians. Some hospital insurance companies exist solely to meet the needs of the hospital. There has not been a consistent increase of claims. In fact, presently claims have fallen off a bit. Two-thirds of claims are either rejected or dropped. Less than 4-5% go forward through the court system.
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