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The cost of malpractice insurance to physicians has been increasing
in recent years, as has the threat to physicians of being sued.
This book describes and analyzes the workings of the market for
physicians' liability insurance. The authors use their own data and
other sources to study questions such as: Is the market for medical
malpractice insurance competitive? Has the profitability of medical
malpractice insurance been excessive? Why do malpractice insurers
demand reinsurance? What effect has insurance regulation had on
premiums? And it explores what experience rating is and how it is
done.
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