Summary
Mr. Hallinan illustrated that many doctors have been under fire with the rising amount of malpractice suits and thus resulting in higher premiums for malpractice insurance. However, anesthesiologists have shielded themselves against the rising premiums and in some cases been awarded a decrease in premiums. The change has been accredited to the anesthesiologists focus. Over the past few years they have focused more on improving patient safety. Their theory is that the less harm to patients would mean fewer lawsuits.
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Wall Street Journal article - Economic Arowth - Joseph T. Hallinan, "Once Seen as Risky, One Group of Doctors Changes its Ways," The Wall Street Journal, June 21, 2005, Pg A1