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Investment Returns and Size of Damage Caps Impact Rising Cost of Malpractice Premiums
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Vol. X, No. 4
April 2007
How do damage caps impact the rising cost of malpractice premiums? This study by Michael Morrisey, Ph.D., Meredith Kilgore, Ph.D., and Leonard Nelson, J.D., examined the effects of tort law and insurance investment returns on physician insurance premiums and found that damage caps at the national level could save a significant amount of money annually. Learn more in the HCFO Findings Brief.