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Politics Are Key Factor in Policy Progress

As we approach the culmination of the biannual event known as “the most important election of our lifetime,” it is an opportune moment to assess what this election has in store with regard to the medical professional liability community.

MPL Insurance Sector Report: 2024 Financial Results

Available on-demand: Insights and observations from experts on the MPL industry’s 2024 financial performance and what to expect in the MPL sector in 2025.

The MPL Association Elects Board Chair and Appoints Officers

J. Michael Conerly, MD, FACS, MBA, President and Chief Executive Officer of LAMMICO, has been selected to serve as the Association’s Chair of the Board of Directors.

2017-2021
FAMILY MEDICINE AND INTERNAL MEDICINE
The MPL Association Data Sharing Project (DSP) has compiled more than 4,700 closed claims and lawsuits involving family medicine (1,730) and internal medicine (2,977) doctors between 2017 and 2021. Both are primary care physicians and provide similar care. However, there is a difference in the severity of claims: 34% of claims against family medicine physicians closed with an indemnity payment, with an average payment of $328,000. In contrast, only 24% of internal medicine claims result in indemnity payments, but with a higher average of $420,000. The DSP also shows that defense costs for family medicine claims cost 30% more on average than internal medicine claims. This highlight compares indemnity, defense expenses, types of allegations, and presenting medical conditions between these two specialties.

 

 

 

 

 

 

 

Contact for more information:
Kwon Miller, Analytics Manager kmiller@MPLassociation.org