I don't need to make an argument. Call your doctor and ask him how much he pays for his malpractice insurance.
I used to know some people in healthcare tangentially and the answer is $50,000 to $250,000 A YEAR depending on specialty etc.
Sometimes the practice will pay these costs for you, so the doctor might not be paying it directly but the money is coming from somewhere.
My friends told me malpractice insurance was generally about a third of your salary. And this includes people like pharmacists and physicians assistants too. So if much higher than world average doctor salaries in the US are any part of the reason for high medical costs, lawsuits are a third of that
I used to know some people in healthcare tangentially and the answer is $50,000 to $250,000 A YEAR depending on specialty etc.
Sometimes the practice will pay these costs for you, so the doctor might not be paying it directly but the money is coming from somewhere.
My friends told me malpractice insurance was generally about a third of your salary. And this includes people like pharmacists and physicians assistants too. So if much higher than world average doctor salaries in the US are any part of the reason for high medical costs, lawsuits are a third of that