Medical Malpractice:
Insurance Costs Increased but Varied Among Physicians and Hospitals
HRD-86-112: Published: Sep 15, 1986. Publicly Released: Sep 22, 1986.
Additional Materials:
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In response to congressional requests, GAO reviewed the medical malpractice situation in the United States, including the costs of malpractice insurance for physicians and hospitals.
GAO found that: (1) total malpractice insurance costs for physicians increased from $1.7 billion in 1983 to $3.4 billion in 1985; (2) the costs varied widely by specialty, by state, and within some states; (3) as a percentage of total professional expenses, the costs averaged 7 and 9 percent for all self-employed physicians in 1982 and 1984; (4) the costs increased at a greater rate than did other expense items from 1982 to 1984; and (5) the highest premiums for medical malpractice insurance for physicians were primarily concentrated in high-risk specialties and in Florida, Illinois, Michigan, New York, and the District of Columbia. GAO also found that: (1) total malpractice insurance costs for hospitals increased from $800 million in 1983 to $1.3 billion in 1985; (2) the costs varied by location and hospital size and increased more than total expenses; (3) about 1,920 hospitals increased their coverage limits; and (4) average inpatient-day cost attributable to malpractice insurance was about 1 percent of the average inpatient-day expense for hospitals in 1983 and 1985.
Nov 16, 2020
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Financial Audit:
Bureau of Consumer Financial Protection's FY 2020 and FY 2019 Financial StatementsGAO-21-174R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020. -
Financial Audit:
Federal Housing Finance Agency's FY 2020 and FY 2019 Financial StatementsGAO-21-201R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020. -
Financial Audit:
Securities and Exchange Commission's FY 2020 and FY 2019 Financial StatementsGAO-21-192R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020.
Nov 10, 2020
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Financial Audit:
IRS's FY 2020 and FY 2019 Financial StatementsGAO-21-162: Published: Nov 10, 2020. Publicly Released: Nov 10, 2020. -
Financial Audit:
Office of Financial Stability's (Troubled Asset Relief Program) FY 2020 and FY 2019 Financial StatementsGAO-21-173R: Published: Nov 10, 2020. Publicly Released: Nov 10, 2020.
Nov 9, 2020
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Financial Audit:
Bureau of the Fiscal Service's FY 2020 and FY 2019 Schedules of Federal DebtGAO-21-124: Published: Nov 9, 2020. Publicly Released: Nov 9, 2020.
Nov 6, 2020
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FY 2020 Excise Tax:
Agreed-Upon Procedures Related to Distributions to Trust FundsGAO-21-163R: Published: Nov 6, 2020. Publicly Released: Nov 6, 2020.
Oct 13, 2020
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DOD Financial Management:
Continued Efforts Needed to Correct Material Weaknesses Identified in Financial Statement AuditsGAO-21-157: Published: Oct 13, 2020. Publicly Released: Oct 13, 2020.
Sep 30, 2020
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Financial Management:
DOD Needs to Implement Comprehensive Plans to Improve Its Systems EnvironmentGAO-20-252: Published: Sep 30, 2020. Publicly Released: Sep 30, 2020.
Sep 9, 2020
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Defense Real Property:
DOD-Wide Strategy Needed to Address Control Issues and Improve Reliability of RecordsGAO-20-615: Published: Sep 9, 2020. Publicly Released: Sep 9, 2020.
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