The impact of the global recession continues to be felt in many jurisdictions where MPS operates and the consequences of rising costs in clinical negligence claims will be felt ever more keenly.
Although the medical profession can offer a financially rewarding career, no-one is immune to the kind of cost increases that cause a health practitioner to question the affordability of their medical indemnity. But increases in claims costs, together with an increase in the number of claims – which are continuing seemingly unabated, particularly in the UK, South Africa and Ireland – make this scenario more realistic.