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Why are medical malpractice insurance companies soo profitable in California?

  
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Why are medical malpractice insurance companies soo profitable in California?

Postby pascoe69 » Mon Apr 11, 2011 8:53 pm

They only pay 29% of premiums and of course that does not include the profits they make from investing their reserves? This while most insurance companies pay out 85% of their premiums in claims.
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Why are medical malpractice insurance companies soo profitable in California?

Postby tredway » Mon Apr 11, 2011 8:54 pm

because by law doctors have to buy malpractice insurance.

so why not just jack up the price.

i wonder how the health insurance mandate will effect things?
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Why are medical malpractice insurance companies soo profitable in California?

Postby pannoowau » Mon Apr 11, 2011 8:57 pm

because by law doctors have to buy malpractice insurance.

so why not just jack up the price.

i wonder how the health insurance mandate will effect things?
because doctors are required, no matter what, to have medical malpractice insurance!
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Why are medical malpractice insurance companies soo profitable in California?

Postby sherborne16 » Mon Apr 11, 2011 9:00 pm

Because frivolous lawsuits against doctors who aren't miracle workers as opposed to doctors who honestly did screw up is how half of California millionaires made their fortunes.
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Why are medical malpractice insurance companies soo profitable in California?

Postby arne33 » Mon Apr 11, 2011 9:12 pm

the fault is democrat policy.
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Why are medical malpractice insurance companies soo profitable in California?

Postby arber47 » Mon Apr 11, 2011 9:19 pm

Sounds like you don't need answers.
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Why are medical malpractice insurance companies soo profitable in California?

Postby lifton » Mon Apr 11, 2011 9:22 pm

their in the Business to make money...lots of it.so ...what would you expect them to do?
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