We need insurance reform, not tort reform.

Insurance companies are raking in record profits. Looks like we need insurance reform and not tort reform. More reasons to tell your state senator to #VoteNoSJR8! More facts below:

  • Over the last five years (2011 – 2015), Arkansas medical malpractice insurers took in more than twice as much as they paid out. We need insurance reform, not tort reform.
  • Over the last 10 years the number of insurers writing medical malpractice has steadily increase to a now record 83
  • “The medical liability environment has been better than expected by anyone.” – Howard Friedman, President of ProAssurance, the fifth biggest med mal insurer in Arkansas.
  • “This is a boom time for physicians, and the industry is making money.” – Michael Matray, editor of Medical Liability Monitor.
  • Arkansas Medical Malpractice insurance rates are the 10th lowest in the nation.
    • Doctors in the state pay an average of 39% less than doctors nationally.
  • Arkansas has the lowest health care premiums in the country.

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