Costs of Medical Negligence to Patients
- Between 44,000 to 98,000 Americans die in hospitals each year due to preventable medical errors. (Institute of Medicine, To Err Is Human: Building a Safer Health System, 2000.)
- The annual costs to society for medical errors in hospitals at $17 billion to $29 billion. (Institute of Medicine, To Err Is Human: Building a Safer Health System, 2000.)
- The total amount spent on medical malpractice insurance in 2000 was $6.4 billion – at least three to five times less than the Institute of Medicine’s estimate of the costs of malpractice to society. (National Association of Insurance Commissioners,Statistical Compilation of Annual Statement Information for Property/Casualty Insurance Companies in 2000, (2001).)
More can be found here: http://www.citizen.org/congress/article_redirect.cfm?ID=9125
If you or a loved one has been hurt due to medical and hospital negligence contact an experienced New Port Richey medical malpractice lawyer for free consultation today.
Williams, Ristoff & Proper, P.L.C.
4532 U.S. Highway 19
New Port Richey, FL 34652