2013 Medical Malpractice Payout Analysis

12,142 3.6 Billion dollars in payouts for medical malpractice in the year 2012 2013 total payouts for medical malpractice in the year 2012 MEDICAL MALPRACTICE PAYOUT analysis MEDICAL MALPRACTICE PAYOUT AMOUNTS 1992-2012 $5 BILLION FROM 1998 TO 2001 TOTAL MEDICAL MALPRACTICE PAYOUTS INCREASED THERE HAS BEEN A STEADY DECLINE SINCE 2003 BY 46% $4 BILLION TOTAL 2012 PAYOUTS IN WERE 3.4% LOWER THAN IN 2011 $3 BILLION 2010 2011 2012 2008 2009 2005 2006 2007 2003 2004 2000 2001 2002 1998 1999 1996 1997 1993 1994 1995 1992 Total Payouts : by Patient Type 9 PERCENT 45 PERCENT inpatient 41 PERCENT outpatient both *5% unknown That's one Every - In the year 2012 THERE WERE A TOTAL OF 12,142 MED-MAL PAYOUTS 43 MINUTES TOTAL PAYOUT AMOUNTS FOR 2012 BY STATE OVER $300 MILLION $100-300 MILLION $80-100 MILLION $60-80 MILLION $40-60 MILLION $20-40 MILLION $10-20 MILLION LESS THAN $10 MILLION FLORIDA | $203,671,100 5. ESTATES 48% NEW JERSEY | $206,668,250 CALIFORNIA | $222,926,200 REPRESENT PENNSYLVANIA | $316,167,500 OF ALL PAYOUTS NEW YORK | $763,088,250 The bulk of payments in 2012 mere from settlements Settlements Judgments -VS.- 93% OF PAYOUTS 5% OF PAYOUTS Severity of Alleged Injury 7% 3% 19% 18% 31% MINOR MAJOR TEMPORARY INJURY TEMPORARY INJURY MAJOR SIGNIFICANT PERMANENT INJURY PERMANENT INJURY DEATH 1% 0.4% 12% 8% INSIGNIFICANT INJURY EMOTIONAL INJURY ONLY MINOR QUADRIPLEGIC, BRAIN DMG LIFELONG CARE PERMANENT INJURY BOTH ENDS OF THE SPECTRUM Per Capita Payouts OF MED-MAL PAYOUTS IN 2012 Bottom 10 states Top 10 states ALABAMA • SOUTH DAKOTA WISCONSIN • NORTH DAKOTA INDIANA e MISSISSIPPI eVERMONT NORTH CAROLINA • PENNSYLVANIA e TEXAS e MASSACHUSETTS e MARYLAND e RHODE ISLAND e NEW HAMPSHIRE CONNECTICUT WASHINGTON D.C. eILLINOIS *Values are dollar amounts per person in the state Number of Payouts by Patient Gender and Age MALE PATIENTS MADE UP 43% OF ALL MEDICAL MALPRACTICE PAYOUTS IN 2012 23% 3% 39% 80+ 17% 60-79 16% 40-59 20-39 0-19 :: FEMALE PATIENTS MADE UP 57% OF ALL MEDICAL MALPRACTICE PAYOUTS IN 2012 19% 4% 39% 27% 60-79 80+ 7% 40-59 0-19 20-39 FAILURE TO DIAGNOSE ACCOUNTS FOR The highest percentage of malgractice ALLEGATIONS WERE RELATED TO OF ALL PAYOUTS FAILURE TO DIAGNOSE 20 pencênt Breakdomn of allegations FOR MALPRACTICE IN 2012 33% DIAGNOSIS RELATED 24% SURGERY RELATED 18% TREATMENT RELATED 11% OBSTETRICS RELATED 4% MEDICATION RELATED 3% MONITORING RELATED DIAGNOSIS RELATED ALLEGATIONS HAD THE LARGEST PERCENTAGE OF PAYOUTS FOR ALL THE GROUPS REPRESENTED AND HAD A TOTAL OF $1,176,345,550 IN PAYOUTS. 3% ANESTHESIA RELATED 4% OTHER References & Notes Brought to you by: "National Practitioner Data Bank Public Use Data File" September 1, 1990-December 31, 2012 U.S. Department of Health and Human Services DIEDERICH HEALTHCARE Figures used for the 'per capita' statistics are based on July 2012 population estimates from the U.S. Census Bureau A DIVISION OF DIEDERICH INSURANCE AGENCY, LLC Data was manipulated to allow for the most insightful look into the state of medical malpractice payouts. www.diederichhealthcare.com To use this infographic or it's data for any purpose or to embed the graphic on another site, include proper credit and link to the original piece on the Diederich Healthcare site. f facebook.com/diederichhealthcare twitter.com/diederichhc 2 [email protected] * 800.457.7790 $5.19 $4.91 e NEVADA $4.55 $4.37 $420 $4.17 $3.08 $3.06 $3.03 $38.99 ENEW YORK $24.77 $23.31 E NEW JERSEY $22.73 $21.01 $19.71 $19.40 $17.35 $17.02 $15.57