NYcarbineer
Diamond Member
- Mar 10, 2009
- 117,063
- 13,888
1. So medical malpractice insurance and claims cost represent about 2% of healthcare costs overall
2. So if you did the impossible, which would be to eliminate ALL costs associated with malpractice insurance, you would save 2% on your annual healthcare bills, BUT
3. that assumes another impossibility, which is that doctors and insurance companies, etc., would pass ALL of the savings along to you. That of course wouldn't happen. Doctors don't want lower malpractice insurance costs in order to give you a smaller bill...
...they want it so they can buy a bigger boat.
Use your heads people.
2. So if you did the impossible, which would be to eliminate ALL costs associated with malpractice insurance, you would save 2% on your annual healthcare bills, BUT
3. that assumes another impossibility, which is that doctors and insurance companies, etc., would pass ALL of the savings along to you. That of course wouldn't happen. Doctors don't want lower malpractice insurance costs in order to give you a smaller bill...
...they want it so they can buy a bigger boat.
Use your heads people.