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Medical Malpractice Tort Cost Trends

Towers Watson has released its annual review of tort costs in the U.S., including yearly medical malpractice tort costs since 1975. The report estimated medical malpractice tort costs were $29.8 billion in 2010, the result of an average 9.7% increase annually since 1975. This compares to a 7.5% increase for all other tort cases during the same period. However, medical malpractice tort expenses have held fairly steady since 2006, declining slightly by 0.1% over the last five years.

The hospital portion of medical malpractice tort costs was $8.1 billion in 2010, a 26.3% increase over 2006. Physician costs comprised nearly $14.6 billion, a decline of 13.3% over the same five year timeframe.

Source: U.S. Tort Cost Trends; 2011 Update. Towers Watson, 2012.  http://www.towerswatson.com/en/Insights/IC-Types/Survey-Research-Results/2012/01/2011-Update-on-US-Tort-Cost-Trends

Related resource:  AON. Hospital Professional Liability and Physician Liability: 2011 Benchmark Analysis. American Society for Healthcare Risk Management, 2011. For more details and order info: http://ams.aha.org/EWEB/DynamicPage.aspx?WebCode=ProdDetailAdd&ivd_prc_prd_key=91e03479-7dc8-45da-a371-39a8c0e07290  UPDATE: 2012-2013 edition now available: http://ams.aha.org/EWEB/DynamicPage.aspx?WebCode=ProdDetailAdd&ivd_prc_prd_key=f96d3082-1414-4357-a34c-b0854b171a59

Posted by AHA Resource Center, (312) 422-2050, rc@aha.org

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