We Can All Sleep Better...Malpractice Insurers Reaping Profits

John Hopkins
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Posted by John HopkinsNovember 10, 2006 8:46 AM

Injured victims of medical negligence continue to suffer the inability to find lawyers who have the expertise and financial strength to handle medical negligence cases. The passage of "tort reform" in Florida has created a situation in which injured victims can no longer recover fair compensation for their "human damages". Human damages are those that the insurance lobby feel juries have gotten carried away with in verdicts. You know, like the pain and suffering of losing a loved one as the result of errors committed during "routine surgery" or the pain & suffering of parents who must take care of their child brain damaged by health care errors.

But, alas, there is good news on the horizon! Although injured victims of medical malpractice may go without thier day in court and without the ability to receive compensation for their injuries; insurance companies are doing better! It was recently reported in the Birmingham Business Journal that the nation's fourth largest medical malpractice insurance company, ProAssurance, has posted a $29.38 million dollar profit.

So, we can all sleep better knowing that the insurance industry is profiting and health care providers are able to skirt accountability. Injured victims? Let them eat cake!

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