Med-mal rates may go down, but doctors want bigger drop

Kris B. Mamula
http://pittsburgh.bizjournals.com

doctorMedical malpractice insurance premiums appear to be falling, evidence that Pennsylvania’s climate for hospitals and doctors is improving, according to a state association representing trial lawyers.

But medical groups say the size of malpractice awards in Pennsylvania is rising faster than elsewhere, discouraging doctors from opening practices and making it difficult for hospitals to do business.

“Any reduction is great news for us, but we still have a ways to go,” said Jack Krah, executive director of the Allegheny County Medical Society. “We’re in a competitive environment for medical personnel.”

Earlier this month, the Joint Underwriting Association, a nonprofit Plymouth Meeting, Pa.-based agency, asked the state to reduce overall medical malpractice premiums by 4.4 percent. The Insurance Department has 60 days to review the filing. Hospitals and doctors are required to carry malpractice insurance, and the Joint Underwriting Association provides coverage when it’s not available from commercial carriers.

see original

You may also like

Legislative panel approves medical malpractice bill
Read more
Urgent-care centers: Illinois numbers grow as time-pressed families seek low-cost option to ERs
Read more
Global Center for Medical Innovation launches
Read more

Recent Posts

Malpractice Insurance 101: Reputation Protection

The Guide for Malpractice Insurance for Weight Loss Specialty Practices

Filed Ballot Initiatives Ask Colorado Voters to Decide Medical Malpractice Rules, Damage Cap

Popular Posts

Malpractice Insurance 101: Reputation Protection

PIAA 2017: Current Trends & Future Concerns

2022 Medical Malpractice Insurance Rates: What the data tells us

Social Media: Professional Don'ts!

Start Your Custom Quote Process™

Request a free quote