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The report of a one million dollar average award being reported
by the media and used by MAG, GHA and the insurers is simply wrong.
As stated in a recent Wall Street Journal article, this data is
collected unscientifically, tends to include only large verdicts,
and does not include defense verdicts, non-jury trial verdicts,
verdict reductions, settlements or verdicts overturned on appeal.[10] Nonetheless, the JVR publications
relied upon by the insurers to prove a malpractice crisis exists
in Georgia actually confirms the exact opposite:
The truth is that according to JVR’s own publications, the median
medical malpractice verdict in Georgia for the years 1995 to 2001
was significantly less than the countrywide medians for the same
years. It was reported this year Georgia’s median was less than
one half the national average.[11]
Data from the National Practitioner Data Bank reflects the
further truth that the median size of medical malpractice claims
in Georgia (in excess of $25,000) has remained essentially level
over the past four to five years in stark contrast to the 34%
increase in the median paid claims for the rest of the country.[12]
According to data received from MAG Mutual, its average payout
to victims of medical negligence in Georgia as of May 2002 was
only $269,015, down by close to $100,000 per claim since 1999.
And, when adjusted for inflation, b>the average
payout by MAG has gone DOWN by over 5% since 1991![13]
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