Insurance specifically designed to fray legal costs is expensive because it has to factor in punitive rulings by judge and jury knowing a plaintiff’s condition will be sympathetic while the medical profession is generally seen as calloused to suffering by the public.
However, I would say the complaint within the profession is that insurance companies settle too easily just to defray their estimated costs without regard to the policyholder’s professional reputation. So the question is what are you paying for if they will not –and often will not let you- protect your reputation from bogus law suits.
So yes malpractice insurance is high -perhaps too high- but it’s not a primary driving factor of costs and its use to argue for judicial reform is totally misplaced because most often if a case is defended a judge dismisses a false claim and if it goes to trial the jury typically provides a fair judgement if that’s where you’re getting your info.
Not so hard to answer a sincere question Brian.
You should try it yourself sometime.