California's system of insurance regulation, not malpractice caps, lowered medical malpractice premiums for physicians in that state. This conclusion is based on a report from the California-based Foundation for Taxpayer and Consumer Rights (FTCR). The report in summary finds:

Twelve years after the enactment of malpractice caps, doctors’ premiums had nearly tripled and reached an all-time high in California.

Insurance reform Proposition 103 reduced California doctors’ premiums by 20% within three years.

Insurance reform required medical malpractice insurers to directly refund more than $135 million to policyholders.

Three of the state’s largest malpractice insurers – The Doctors Co., Norcal Mutual and SCPIE – refunded $69 million to doctors to comply with Proposition 103.

Which just proves what I've been saying....Doctors should pay heed to this report; if they want measurable, significant rate decreases, then we ought to be looking at the California experience, as opposed to the unsupported bald allegations of Big Insurance and their shills, the panicking doctors and the Administration.