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Medical malpractice insurers enjoying the benefits of high premiums

A recent article reported that selling medical malpractice insurance is an extremely profitable business. Last year, medical malpractice insurance companies made more than twice as much as they spent in some states, allowing the state’s largest med-mal insurer to pay it’s CEO about $300,000 per year plus a performance bonus.

The insurance companies continue to benefit from the so-called “tort reform.” Doctors continue to pay the same premiums. Severely injured victims lose the most as they are unable to obtain true justice through the legal system.

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