Published
My daughter got a letter the other day-her OB/GYN is closing his practice due to the cost of malpractice insurance. I'm sure there will be many more.
While frivolous lawsuits are certainly a problem, the cause of ever-increasing malpractice insurance (not a problem among nurses, as I have pointed out before) is almost completely due to low interest rates. Here are 2 discussions about this:
http://www.dailymail.com/news/Opinion/2003070220/
and
Jim Huffman, RN
colleen10
1,326 Posts
Prominent doc leaving state, citing insurance cost
Friday, July 18, 2003
Associated Press - Pittsburgh Post Gazette
INDIANA, Pa. -- The president of the Pennsylvania Orthopedics Society resigned yesterday and will move to California because, he says, Pennsylvania's medical Liability Insurance rates are too high.
Dr. Paul Burton said he'll leave the Indiana County practice he founded in 1991 on Aug. 15 and join an eight-surgeon team at Arrowhead Orthopedics in Redlands, Calif.
Burton said he and his four Indiana County colleagues each paid $45,000 in liability premiums last year, and those bills rose to $65,000 this year.
"It's the only reason that I ever considered leaving here," Burton said. "We don't know if there will be insurance available next year. Will it be affordable? There's no certainty here."
Burton, a longtime advocate of medical insurance reform in Pennsylvania, believes California solved the problem by capping non-compensatory damages.
Burton said he recently had an epiphany when he took his youngest daughter with him to a doctors' protest in Harrisburg. On the way home, he remembered taking his oldest daughter with him to a similar rally in 1996.
"This is useless. It's killing me to keep making these trips and not seeing something substantial done," Burton said. "Until enough people leave, it's not going to change."