Medical Malpractice Settlements

Written by Michael Federico
Bookmark and Share

The future of medical malpractice settlements is a bit up in the air at the moment. In America, malpractice suits have become such a problem that many doctors can no longer afford their insurance. This is especially evident in large cities where rates are generally higher. Many of the country's most populous areas have actually seen an exodus of doctors who have chosen to relocate.

The rise in malpractice cases and settlements over the years has also prompted many doctors to stop offering certain services or performing certain procedures. They believe that the risk simply is not worth it. The problem has sparked debate among politicians, lawyers, and those in the medical community. With all the talk, people have forgotten that there are a number of valid medical malpractice cases heard and settlements granted each year.

Get Paid for Medical Malpractice Settlements

Settlements for malpractice suits usually come in a very structured form. If a person is awarded $1,000,000, he will not see a check for that amount a few days after the settlement is reached. He will, most likely, receive scheduled payments over a certain period of time.

While $1,000,000 is probably enough to greatly alter someone's life, when it is broken down into payments of $1,000, its effect may not really be felt. Many times, people will choose to sell some of their medical malpractice payments in order to receive a substantial sum of money within a few weeks. There are brokers that have a history of paying good rates for malpractice settlements and a history of working with sellers to come up with a specific deal that benefits both parties involved.

Bookmark and Share