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MedPro Group, formerly known as The Medical Protective Company, is a Berkshire Hathaway company and the largest provider of healthcare liability (medical malpractice) insurance in the United States. MedPro provides customized malpractice insurance, claims, and risk cover to physicians, surgeons, dentists and other healthcare professionals, as ...
The Doctors Company claims to be the largest physician-owned medical malpractice insurer in the U.S., with 80,000 insureds nationwide, $6.2 billion in assets, $2.3 billion in member surplus, and a financial strength rating of A from A. M. Best and Fitch Ratings in fiscal year 2020.
A 2004 report by the Congressional Budget Office put medical malpractice costs at 2 percent of U.S. health spending and "even significant reductions" would do little to reduce the growth of health care expenses. [63] A 2009 CBO report estimated that approximately $54 billion could be saved over ten years by limiting medical malpractice lawsuits.
Even in states where laws protect minors’ access to gender-affirming care, malpractice insurance premiums are keeping small and independent clinics from treating patients.
Think New Mexico reported that in 2022 New Mexico had the largest medical malpractice insurance loss per state "Just being sued causes extreme stress and anxiety on a physician," Clark said.
As insurance premiums have surged, families with employer-sponsored health care plans have paid nearly 5% of their total earnings over a 32-year period, according to a 2024 report investigating ...