Average Medical Malpractice Payout? Under $30k
Quick Facts About Medical Malpractice Payouts:
Over the last decade, the average medical malpractice payout has been $28,524.
The average claim is $107,587.
Insurers pay nothing in 77% of those claims.
Only one in eight malpractice victims file claims.
This information comes from this article on the Insurance Reform website.
The actuary who performed this study forAmericans for Insurance Reform, J. Robert Hunter, has some pretty impressive credentials: He's a former Texas Insurance Commissioner, and worked for a couple of US Presidents as a Federal Insurance Administrator.