01 Mar “Calif. Malpractice Ruling Will Have Minimal Impact on Insurance Rates, Lawyers Say,” Modern Healthcare
A new ruling by a California Supreme Court upholding a lower court’s decision to cap medical malpractice damages will not significantly impact provider’s insurance rates, Founding Partner John E. Hall, Jr. said in an interview with Modern Healthcare.
Around half of U.S. states have malpractice caps on either financial or noneconomic damages, ranging from $250,000 to around $3 million, depending on the severity of the injury. Many states have struck down caps after deeming them unconstitutional, which has led to higher severity and frequency of malpractice claims, he said.
“This case will help maintain California’s current insurance rates and insulate them from significant increases seen nearly everywhere else,” Hall said.
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