The critical difference is that doctors are seldom able to damage more than one person at a time yet the multi $M settlements that follow make their insurance cripplingly expensive.
What insurance company in its right mind would expose itself to a potential 500 times that multi $M - or even more?
And what would the premium have to be if they did?
Insurance for error - perhaps. Malpractice? No, ain't ever gonna happen.
Last edited by Agaricus bisporus; 17th Nov 2012 at 15:47.