Are Medical Malpractice Lawsuits Driving Doctors out of Business?
The insurance industry would like you to believe that medical malpractice lawsuits are driving doctors out of business — or crippling insurance companies. However, neither is true. St. Louis medical malpractice attorneys provide an ethics presence through the justice system that forces the medical field to reduce its number of medical errors.
Without medical errors, medical malpractice would not exist. According to an article written by the American Association for Justice (AAJ), the medical field would save billions of dollars every year by eradicating preventable medical errors. The fact is this ― today, there are twice the number of physicians (per every 100,000 persons) as there were in the 1960s. In addition, in states with no caps on medical malpractice recoveries, the number of physicians is even higher. The AAJ article reported that the National Bureau of Economic Research (NBER) found tort reforms did not avert physician shortages, nor did they lead to greater efficiencies in care. Furthermore, only heart disease and cancer kill more people annually than medical errors.
When you hire a St. Louis medical malpractice law firm to protect your rights because you or a loved one suffered from medical malpractice, you put pressure on the medical field to reduce preventable errors. And this is where the focus needs to be.
At the Law Office of John S. Wallach, P.C., we help you recover the compensation that the law entitles for damages. By taking legal action, you may spare someone else from experiencing a similar misfortune.