Seems like if you’re having trouble getting an appointment with your doctor it’s because too many of your neighbors are making appointments with their lawyers:
A new study in the Journal Of Law And Economics suggests that the number of hours physicians work each week is influenced by their fear of malpractice lawsuits.The study found that doctors cut back their workload by almost two hours each week when the expected liability risk increases by 10 percent. The study notes that the decline in hours adds up to the equivalent of one of every 35 physicians retiring without a replacement. The analysis combined data gathered by insurers about medical liability risks in each state and medical specialty with physicians’ responses to surveys about their workload and income. When something changed the risk of medical liability – such as an adjustment in the maximum amount a jury could award in malpractice cases – doctors adjusted their workload. When liability risk went up, doctors saw fewer patients each week to minimize their chance of a lawsuit. When liability risk went down, doctors saw more patients each week. “The effect of malpractice risk on hours worked might seem like a small item compared to physicians moving across state borders or avoiding high-risk specialties like obstetrics,” said Showalter, an economics professor at Brigham Young University. “However, when you aggregate that across all physicians, the total effect is quite large.”
You should follow me on Twitter here or subscribe to this blog’s feed. If you’re a regular reader please support the blog by doing your book and movie shopping at the store. You’ll find all my recommendations there. Here are the site’s most popular posts of all time.