Insurers Gouge Doctors, Drive Up Healthcare Costs
Medical malpractice insurers have engineered "extremely high levels of profit" and have systematically overestimated their losses in recent years, a new report finds. The report can be viewed here: http://www.justice.org/cps/rde/xbcr/justice/Reserving_Practices_and_Record_Profits_2012.pdf. "The average profit margin for the top 10 medical malpractice insurers was twice as high as the average profit margin of the 50 most profitable Fortune [...]