Medical Liability Insurance Premia: 1990–2016 Dataset, with Literature Review and Summary Information

Abstract

This document and the accompanying dataset provide six things: (1) a dataset covering 27 years (1990–2016) of medical malpractice (med mal) insurance premia, compiled with extensive data cleaning from the only available source for these rates, annual surveys conducted by Medical Liability Monitor (MLM); (2) an accompanying codebook; (3) the Stata code we use to clean the raw data; (4) merger of the MLM data with related datasets from the National Association of Insurance Commissioners and the American Medical Association; (5) a survey of prior uses of the MLM data; and (6) a summary analysis of the data. We hope that the availability of this cleaned dataset will prompt further research on the effects of med mal premiums on provider behavior. We plan, but do not promise, to update the dataset as additional annual releases become available. The dataset, codebook, and code are available on SSRN at http://ssrn.com/abstract=2716911.