The effects of medical malpractice tort reform on physician supply an analysis of legislative changes from 2009 to 2016
Autor: | Charles L. Baum |
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Rok vydání: | 2020 |
Předmět: |
Economics and Econometrics
Actuarial science business.industry media_common.quotation_subject 05 social sciences Medical malpractice Legislature Physician supply Blame Tort reform 0502 economics and business Health care Damages 050207 economics business Malpractice insurance health care economics and organizations 050205 econometrics media_common |
Zdroj: | Southern Economic Journal. 87:540-575 |
ISSN: | 2325-8012 0038-4038 |
DOI: | 10.1002/soej.12465 |
Popis: | Advocates of tort reform blame medical malpractice lawsuits for rising healthcare costs, prompting politicians in some states to pass tort reform capping noneconomic damages. In this analysis, I examine the effects of caps on noneconomic damages between 2009 and 2016 on the supply of physicians. I use multiple model specifications, examine physicians in high-risk specialties, young physicians, and physicians in state-border counties, and explore the potential for asymmetric effects using instances where tort reform has been declared unconstitutional and removed. I find few statistically significant effects. Supplemental analyses show that this may be because the noneconomic damage caps do not significantly affect malpractice insurance premiums, payouts, or claims in the first place. |
Databáze: | OpenAIRE |
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