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Government Relations

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.

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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.

News

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.

2013-2022
INDEMNITY PAYMENTS BY RESOLUTION TYPE
THE MPL ASSOCIATION DATA SHARING PROJECT, a database of medical professional liability claims that were closed with or without an indemnity payment, was reviewed to identify the average indemnity paid ($000) through early offers, settlements, arbitration, and verdicts for the plaintiff based on the nature of the specialty, allegation, severity of injury, outcome, and patient age. This analysis focused on claims that were closed between 2013 and 2022.

 

AVERAGE INDEMNITY BY SPECIALTY PER RESOLUTION ($000)


 

 

AVERAGE INDEMNITY BY ALLEGATION PER RESOLUTION ($000)


 

Majority of the paid claims (52%) alleged a procedural error occurred in the MPL incident, with diagnostic error taking second at 30%. Administrative issues were in the mix at 7%, medication errors made up 6%, and other issues accounted for 5%. However, when it came to the payouts, diagnostic error topped the list with an average indemnity of $428, while procedural error followed behind at $331.

 

AVERAGE INDEMNITY BY SEVERITY OF INJURY PER RESOLUTION ($000)


 

The slice of the paid claims pie chart showed a varied spread of injury severities: moderate injuries claimed 30%, with death following at 26%, severe injuries at 24%, and mild injuries rounding at 20%.

 

AVERAGE INDEMNITY BY OUTCOMES PER RESOLUTION ($000)


 

The most prevalent reported outcomes in paid claims are detailed above, yet when it comes to the average indemnity payment, claims with breast cancer reported the highest average indemnity of $496. This was followed by claims for cardiac arrest at $377, and accidental puncture at $354.

 

AVERAGE INDEMNITY BY PATIENT AGE PER RESOLUTION ($000)


 

 

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