Table 5.
Trends in Physician Supply per 100,000 people in States with Malpractice Caps on Non-Economic Damages Before and After Implementation, by Physician High-Risk Physician Specialty Type, <35 Years of Age
Number of Years Before or After Damage Cap |
Anesthesiology | Emergency Medicine |
Orthopedic Surgery |
General Surgery |
OBGYN | General Internal Medicine |
---|---|---|---|---|---|---|
3 Years Before | 0.06 [0.07] | −0.07 [0.07] | 0.05 [0.08] | −0.16 [0.11] | −0.08 [0.07] | 0.25 [0.37] |
2 Years Before | 0.03 [0.04] | −0.04 [0.04] | −0.05 [0.05] | 0.04 [0.10] | 0.06 [0.04] | −0.21 [0.15] |
1 Year Before | −0.05 [0.06] | −0.02 [0.05] | −0.05 [0.04] | 0.08 [0.06] | 0 [0.04] | −0.05 [0.10] |
Year of Non-Economic Damage Cap | −0.30* [0.11] | −0.01 [0.08] | 0.03 [0.06] | −0.12 [0.11] | −0.12 [0.07] | 0.12 [0.17] |
1 Year After | 0.02 [0.06] | 0.24*** [0.05] | −0.03 [0.06] | 0.23* [0.09] | 0.11 [0.07] | 0.36*** [0.08] |
2 Years After | 0.05 [0.04] | 0.02 [0.06] | −0.01 [0.05] | 0.03 [0.05] | 0.02 [0.05] | 0.2 [0.17] |
3 Years After | 0.01 [0.04] | 0.08 [0.05] | 0.03 [0.04] | 0.04 [0.09] | 0.12* [0.05] | 0.27* [0.10] |
4 Years After and Beyond | 0.08 [0.06] | 0.16* [0.07] | 0 [0.04] | 0.14* [0.06] | 0.05 [0.05] | 0.22 [0.11] |
p-value for Pre-Trend | 0.72 | 0.503 | 0.463 | 0.011 | 0.443 | 0.428 |
Linear Combination of Post-Cap Coefficients | −0.145 [0.105] | 0.48*** [0.139] | 0.024 [0.073] | 0.321 [0.168] | 0.173 [0.117] | 1.172*** [0.285] |
Sample | 209 | 209 | 209 | 209 | 209 | 209 |
Mean | 1.484 | 1.6 | 1.008 | 2.024 | 1.794 | 6.166 |
State Characteristics | Yes | Yes | Yes | Yes | Yes | Yes |
Year Fixed Effects | Yes | Yes | Yes | Yes | Yes | Yes |
State Fixed Effects | Yes | Yes | Yes | Yes | Yes | Yes |
Notes: We show physician supply for the most common types of high-risk physician specialists <35 years of age. State characteristics include annual income, 36 age-gender cohorts, and all of the additional malpractice reform variables included in Table 1.
Significant at the 0.1 percent level.
Significant at the 1 percent level.
Significant at the 5 percent level