Table 1.
Summary Statistics for States with Malpractice Caps on Non-Economic Damages, 2000–2011
| Variable | N | Mean | Std. Dev. | Min | Max |
|---|---|---|---|---|---|
| Year | 209 | 2005.182 | 3.441 | 2000 | 2011 |
| High-Risk Physicians, <35 Years of Age | 209 | 14.138 | 6.630 | 3.007 | 35.165 |
| High-Risk Physicians, 35–54 Years of Age | 209 | 57.320 | 11.259 | 35.358 | 94.554 |
| High-Risk Physicians, ≥55 Years of Age | 209 | 34.203 | 9.039 | 20.242 | 64.288 |
| Low-Risk Physicians, <35 Years of Age | 209 | 11.236 | 3.175 | 4.265 | 17.434 |
| Low-Risk Physicians, 35–54 Years of Age | 209 | 43.215 | 8.054 | 28.461 | 61.677 |
| Low-Risk Physicians, ≥55 Years of Age | 209 | 23.577 | 6.200 | 14.569 | 42.948 |
| Median Annual Income Per Household (in 1000s of 2011 dollars) | 209 | 51.759 | 8.819 | 36.963 | 73.970 |
| Caps Non-Economic Damages | 209 | 0.828 | - | 0 | 1 |
| Caps Punitive Damages | 209 | 0.373 | - | 0 | 1 |
| Caps Total Damages | 209 | 0.053 | - | 0 | 1 |
| Split Recovery Reform | 209 | 0.158 | - | 0 | 1 |
| Collateral Source Reform | 209 | 0.651 | - | 0 | 1 |
| Punitive Evidence Reform | 209 | 0.947 | - | 0 | 1 |
| Periodic Payments - None | 209 | 0.335 | - | 0 | 1 |
| Periodic Payments Reform Discretionary | 209 | 0.201 | - | 0 | 1 |
| Periodic Payments Reform Mandatory | 209 | 0.464 | - | 0 | 1 |
| Contingency Fee Reform | 209 | 0.292 | - | 0 | 1 |
| Joint and Several Liability Reform | 209 | 0.904 | - | 0 | 1 |
| Patient Compensation Fund Reform | 209 | 0.244 | - | 0 | 1 |
Notes: Our analysis includes 19 states with malpractice caps either during the whole period of 2000–2011, or with new malpractice caps during this period. We exclude three states—Wisconsin, Georgia, and Illinois-- because Wisconsin repealed its damage cap during the study period, and Georgia and Illinois both implemented and repealed a damage cap during the study period. 36 age-gender cohorts are not shown in this table, but are controlled for in the regression analysis.