Med Mal Pricing and Judge Posner Reprise

This article by Raymond Lehmann (Bestwire) points out a number of interesting things about why med mal pricing is hard to understand.  Lehman asks the big questions to a number of people and gets slightly different answers.  (I noted this confusion before, but I wasn't really sure of the bottom line.) Med mal is not experienced rated because a single claim (or even a group of claims) against a physician does not truly mean the doctor is more risky than another doctor. Judge Posner's blog even gets a mention as he asserted correctly (and received a bunch of flack) that med mal writers do not really engage in experience rating of physicians in the way that most people would understand experience rating.

Comments

[Ray Lehmann]

I thank you for the link, but must berate you for your spelling, Dr. Grace. Reymond Lehman?!?

[Martin]

Ahhhhhhh.