The Whole Truth About Medical Malpractice and Insurance Fact #11
Fact #11: Did you know that the tale of a medical malpractice "crisis" is a ten-year cyclical occurrence?
• The same cries of a medical malpractice "crisis" were heard in 1975, 1985, 1995 and 2005. This ten-year repeating pattern proves that insurance rates are related to insurance business cycles and investment income, not malpractice claims.
• In response to each so-called "medical malpractice crisis," Illinois adopted laws restricting patients' rights. And each time the courts held those laws unconstitutional.
• The insurance industry's own data shows that medical malpractice claims and lawsuits in Illinois are stable.
• After the most recent "crisis," it is even clearer that medical malpractice insurance rates are based on insurance company business decisions, investment income and other economic factors.
• For more information regarding insurance reform, see "The Whole Truth About Medical Malpractice and Insurance" pages 35-36, available at http://www.iltla.com/pdf/WhitePaper_TheWholeTruth_Feb2010.pdf; and www.InsuranceReformIllinois.org.




