Who pays for medical malpractice?
By: Darrell Castle
Have you ever wondered who pays for medical malpractice insurance?
Well, the simple answer is, the one who buys the contract pays. The actual contract buyer can be an individual doctor, the hospital or a combination of the two. Whoever buys the contract pays the premium.
Many doctors across the state of Tennessee are part of mutual insurance companies.
Ultimately, the price of the insurance is reflected in the cost of healthcare, and despite some belief, it’s been proven time and time again the cost of medical malpractice insurance does not correlate with tort reform – changes in common law that limit the compensation a victim can recover in a civil case..
Medical malpractice is a very serious matter and shouldn’t be pursued lightly. If you or a loved one have seen a doctor and suffered from his or her negligent or irresponsible behavior, you should seek legal advice immediately to determine if you have a case.
If this is you, contact Darrell Castle & Associates today, either online or by calling us at (901) 327-1212 and one of our experienced attorneys will be ready to speak with you regarding your situation, free of charge.