Hopeful Medical Industry News on Malpractice Premiums for Physicians Is Released For 2008

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An exclusive survey by the healthcare professional resource Medical Economics details news on malpractice insurance for physicians across America, including findings that malpractice insurance rates dropped by 4% overall in 2007.

This report provides some encouraging medical news for the medical industry on the subject, and also helps physicians put malpractice insurance in context when it comes to the actual costs of premiums reliant on geography and medical practice areas. I think all medical practitioners in America will find it enlightening, to say the least.

A newly-released 2008 Medical Economics survey focusing on malpractice premiums for physicians across the United States provides encouraging medical industry news on one of the least popular issues for healthcare providers - malpractice insurance. The actuarial research, presented to the Physician Insurers Association of America and reported by Medical Economics, is available for perusal by following the Medical Economics link.

"Malpractice premiums are certainly not the most popular topic when it comes to healthcare professionals," admits Sean Keating, Product Director for Modern Medicine, the website for doctors that offers medical industry news and an online medical library as a resource for physicians. "This report provides some encouraging medical news for the medical industry on the subject, and also helps physicians put malpractice insurance in context when it comes to the actual costs of premiums reliant on geography and medical practice areas. I think all medical practitioners in America will find it enlightening, to say the least."

Among the findings discussed in the survey is the fact that family physicians, internists, and pediatricians all paid median costs of $12,500 annually for med-mal coverage in 2007, while ob/gyns paid more than four times as much, purportedly due to their propensity to be sued. Another intriguing statistic focuses on geographic disparity - malpractice premiums continue to be higher in the East than in the South or the West, attributed to the litigious climate in the Northeast and the lack of tort reform in states such as New York and Pennsylvania.

Full details of the 2008 Medical Economics survey concerning malpractice insurance for healthcare professionals are available at http://medicaleconomics.modernmedicine.com.

About ModernMedicine.com
ModernMedicine.com is an innovative online clinical decision-support resource that provides healthcare professionals with instant answers to clinical and practice management questions from highly credible and trusted sources. Our mission is to become the leading online clinical decision-support, CME and practice management resource for healthcare professionals. ModernMedicine.com provides healthcare professionals with access to a robust, cross-specialty online medical library of updated content that is complemented by interactive tools and features. ModernMedicine.com features current and archived content from Advanstar's award-winning journal portfolio including Medical Economics, Drug Topics, Contemporary OB-GYN and Urology Times. Covering 20 specialties from Allergy to Urology, Modern Medicine.com also provides reviews from more than 100 of the world's top peer-reviewed medical journals, as well as comprehensive coverage from over 50 major industry conferences and scientific sessions. Alerts and institutional updates from NIH, FDA, CDC and other government agencies are reported in real time as part of the medical resources on our healthcare professional website.

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Daniel Timoney
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