Modern Healthcare 
(12/25, Robeznieks, Subscription Publication) reported, "A physician's
average cost for defending a malpractice claim was more than $47,000
and the average payout was almost $332,000 in 2010, according to a
report from the American Medical Association." In addition, "also
stated that in 2010, 63.7% of all closed claims were either dropped,
withdrawn or dismissed-but still cost almost $27,000 to defend and
accounted for more than one-third of total defense expenses for the
year." The AMA "report highlights how rates
continue to climb and how obstetricians/gynecologists and surgeons in
New York are now paying premiums of almost $207,000 and $129,000
respectively."
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