Long Island, Manhattan Accident Attorney Blog

Re-inventing the Malpractice "Crisis"

From a recent issue of The New York Sun:

"A cash-strapped Brooklyn hospital will stop delivering babies, aiming to regain its financial footing and reduce its escalating medical malpractice costs.

Long Island College Hospital, in the Cobble Hill neighborhood, plans to shutter its obstetrics department pending approval from the state's Department of Health, hospital officials said yesterday. Last year, the hospital delivered 2,800 babies, and it is on track to deliver about 2,200 this year."

The premise here is that mean old lawyers are keeping people from even being born because all they do is sue people.

In the first place, it has been our experience that the only thing that causes insurance rates to rise are the insurance companies themselves. And considering that so few medical malpractice cases even make it to trial, it seems absurd that lawsuits are the cause of rising insurance rates. We reccomend a good solid look at the profit margins of the insurance companies lately. They have taken a beating just like everyone else. The last time they lost money was in 2003 when the bond market tanked, and within two weeks they jacked their rates and blamed the lawyers.

Don't be fooled.