Napa, California—February 5, 2013—In a video released today by The Doctors Company, the nation’s largest medical malpractice insurer, Chairman and CEO Richard E. Anderson, MD, FACP, presents national data from a collaboration with the RAND Corporation that shows the majority of malpractice claims against physicians end in no payment to the plaintiff.
In the video, “Malpractice Claims Faced Annually by Physicians,” Dr. Anderson cites findings that show the percentage of physicians in each specialty who face a claim every single year. For example, 20 percent of all neurosurgeons report a claim every year, compared with 15.5 percent of general surgeons, 10 percent of urologists, and 7.5 percent of internists. The majority of claims, according to the RAND study, resulted in no payment to the plaintiff.
“The Doctors Company is committed to relentlessly defending our members with the industry’s most aggressive claims defense,” Dr. Anderson said. “It is unfortunate so many physicians annually are faced with claims, most of which turn out to be meritless. The results of this study are objective evidence that the litigation system is broken and needs to be fixed.”
To view the video and to subscribe to The Doctors Company YouTube channel to view other videos produced by The Doctors Company, go to www.youtube.com/doctorscompany. To view more detailed data on malpractice claims faced annually by physicians, go to www.thedoctors.com/claimsfrequency.
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the nation’s largest medical malpractice insurer, with 73,000 members and $4 billion in assets, and is rated A by A.M. Best Company and Fitch Ratings.
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