SLIDE 13 11/12/2012 13
National Association of Insurance Commissioners’ (NAIC’s) severity of injury scale and type of injuries:
- Temporary injury
- Major (04) — burns, surgical
material left, drug side effects, brain damage. Recovery delayed.
- Minor (03) — infections, mis-set
fractures, fall in hospital. Recovery delayed.
- Insignificant/slight (02) —
lacerations, contusions, minor scars, and rash. No delay in recovery.
- Emotional injury only (01) — fright,
no physical damage.
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NAIC’s Statistics
- Major and Grave Injuries are the serious
injuries that result in med mal claims
- Median Payout for those injuries: is $278,000
to $350,000 ( Fl and Mo ) and almost $1,000,000 in Illinois.
- Wrongful death claims do not result in huge
compensations as there is no long term medical care involved in these claims
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Surgical Claims Data –
- Retained Objects • Average award is$125,000.
- Million dollar verdicts are rendered in
approximately 10% of plaintiff verdict.
- NEJM reports that there are approximately 1,500
cases of retained objects per year.
- NEJM study revealed 88% of surgical cases
involving incorrect counts were documented as correct.
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