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From 2013 to 2023, the American court system saw a roughly 67% increase in the number of medical malpractice verdicts awarding $10 million or more.Last year, more than half of these verdicts ...
1910 – Medical Protective expands coverage to include indemnity coverage. Medical Protective offers medical professional liability insurance policies with limits of $5,000/$15,000 for $15 a year. [7] 1913 – PDC merges with Medical Protective.
Doctors' groups, patients, and insurance companies have criticized medical malpractice litigation as expensive, adversarial, unpredictable, and inefficient. They claim that the cost of medical malpractice litigation in the United States has steadily increased at almost 12 percent annually since 1975. [26]
Are you a United States citizen or permanent resident who worked in the U.S. in 2024? You may need to file a tax return in 2025, depending on your gross income, filing status and specific tax ...
Even in states where laws protect minors’ access to gender-affirming care, malpractice insurance premiums are keeping small and independent clinics from treating patients.
This included an expansion in state income taxes (before 1930, only 14 states and Hawaii had state income taxes, which were imposed primarily on very high incomes at low rates) and state sales taxes (by 1940, sales taxes made up about 60% of state budgets). [17]
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An analysis of a random sample of 1452 closed malpractice claims from five U.S. liability insurers showed that the average time between injury and resolution was 5 years. [10] Indemnity costs were $376 million, and defense administration cost $73 million, resulting in total costs of $449 million.