The Cost of Liability

It's always unclear how much liability insurance for doctors costs. It's come up in the recent election campaign, as part of Bush's platform. There are reports in some states that doctors are moving out of the state because they can't afford to practice with current liability law.

It's hard to get a grip on how much liability and such cost, but snippets like this one on implantable ID chips give a clue (full article here):

In pets, installing the chip costs owners about $50. For humans, the chip implantation cost would be $150 to $200, said Angela Fulcher, an Applied Digital spokeswoman.

So, with the same device and the same procedure, it costs 4x as much...