And you don't. When you're looking at difficulty recruiting and retaining health care professionals, especially to rural areas and some urban areas, when you look at escalating costs of medical liability insurance--which our colleagues across the aisle refuse to deal with--they allow $39 billion annually to be spent for medical malpractice insurance. That's $39 billion that could be reduced out of the cost of providing health care, let alone the impacts of defensive medicine practice. So you've got that 1 to 4 percent. You also have hospitals under pressure to continually invest in new technology because we want them to have the technology to save lives.
Editor's note · Context
The speaker addresses challenges in healthcare recruitment and the financial burden of medical malpractice insurance.
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