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The relationship between the markets for health insurance and medical malpractice insurance

Karl, J. Bradley ; Born, Patricia H. ; Viscusi, W. Kip

Applied economics, 2016-11, Vol.48 (55), p.5348-5363 [Periódico revisado por pares]

London: Routledge

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  • Título:
    The relationship between the markets for health insurance and medical malpractice insurance
  • Autor: Karl, J. Bradley ; Born, Patricia H. ; Viscusi, W. Kip
  • Assuntos: Affordable Care Act ; health care ; Health insurance ; health reform ; Insurance policies ; Interdependence ; Legal malpractice ; Loss ; Losses ; Market analysis ; Medical malpractice ; Professional liability insurance ; Studies
  • É parte de: Applied economics, 2016-11, Vol.48 (55), p.5348-5363
  • Notas: ObjectType-Article-1
    SourceType-Scholarly Journals-1
    ObjectType-Feature-2
    content type line 23
  • Descrição: This article evaluates the interdependence of medical malpractice insurance markets and health insurance markets. Prior research has addressed the performance of these markets, individually, without specifically quantifying the extent to which they are linked. Increasing levels of health insurance losses could increase the scale of potential malpractice claims, boosting medical malpractice losses, or could embody an improvement in medical care quality, which will reduce malpractice losses. Our results for a state panel data set from 2002 to 2009 demonstrate that health insurance losses are negatively related to medical malpractice insurance losses. An additional dollar of health insurance losses is associated with a $0.01-$0.05 reduction in medical malpractice losses. These findings have potentially important implications for assessments of the net cost of health insurance policies.
  • Editor: London: Routledge
  • Idioma: Inglês
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