New Insurance Findings Reported from RAND Corporation (The Repeal of Noneconomic Damage Caps and Medical Malpractice Insurance Premiums): Insurance

2025 SEP 16 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily -- A new study on Insurance is now available. According to news reporting originating from Santa Monica, California, by NewsRx correspondents, research stated, “Noneconomic damage caps are controversial because they seek to balance uncertain benefits through reductions in physician precautionary costs, against uncertain harms to patient welfare. Opposing policy actions at the state-level reflect this controversy as some states have enacted noneconomic damage caps over the past few decades while others repealed their caps.”

Financial supporters for this research include National Institutes of Health, National Institute on Minority Health and Health Disparities, National Institute of Nursing Research.

Our news editors obtained a quote from the research from RAND Corporation, “Our difference-in-differences analyses suggest that repeals increase premiums. These increases are larger after State Supreme Court decisions, affecting all cases in a state, compared with State Circuit Court decisions affecting only specific cases. Magnitudes differ by physician specialty, with larger effects observed in obstetrics/gynecology and general surgery, compared with internal medicine.”

According to the news editors, the research concluded: “Our estimates of these repeals are larger than estimates on enactments reported in the literature, suggesting a potential asymmetry between enacting and repealing damage caps.”

This research has been peer-reviewed.

For more information on this research see: The Repeal of Noneconomic Damage Caps and Medical Malpractice Insurance Premiums. Health Economics, 2025. Health Economics can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; Health Economics - http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1050)

The news editors report that additional information may be obtained by contacting Christopher Whaley, RAND Corporation, Santa Monica, California, United States. Additional authors for this research include Yuji Mizushima and Hao Yu.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/hec.70032. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

Publisher contact information for the journal Health Economics is: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA.

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