Latest Med-Mal Insurance News & Research
Rendell ties malpractice aid to health insurance plan
The Associated Press http://www.postgazette.com Harrisburg, PA — A spokesman says Gov. Ed Rendell won’t extend state aid to help doctors pay medical malpractice insurance bills unless lawmakers take action on his proposal to expand state health insurance for adults. The House and Senate are working on legislation that reduces the amount of money doctors must […]
Doctors drawn to booming area
By Robyn Monaghan Special to the Herald News http://www.suburbanchicagonews.com When Dr. Jeffrey J. Williams started practicing obstetrics and gynecology at Provena Saint Joseph Medical Center’s New Lenox office in August, there was no full-time ob-gyn in the town swelling with growing families. “There’s a ton of young families out here,” said Williams, 34, a recent […]
Cutting liability costs
http://www.telegram.com Bill targets high insurance premiums for physicians With financial projections for Massachusetts’ fledgling health insurance rising sharply — and communities and businesses across the state groaning under the burden of ever-growing premiums — efforts on Beacon Hill to keep a lid on health care costs have taken on a new urgency. Timely action on […]
Doctors Co. Cleared to Buy SCPIE
Doctors Co. Awarded Antitrust Clearance to Buy Insurer SCPIE Holdings for $281 Million Doctors Co., a physician-owned provider of medical-malpractice insurance, has received antitrust clearance to acquire SCPIE Holdings Inc. for about $281 million. The Federal Trade Commission said Thursday that it granted early termination on Wednesday of the waiting period required under the Hart-Scott-Rodino […]
Fla. Insurance Regulators Get Public Input on New Reinsurance Rules
http://www.insurancejournal.com Florida Insurance Regulators held a workshop Monday to seek public input on a draft rule that would implement new legislation which gives the insurance commissioner discretion in allowing unaccredited reinsurance companies to conduct business in Florida without having to post 100 percent collateral. The workshop was part of the Florida Office of Insurance Regulation […]
Radiologists Lament Liability Risk, Low Reimbursement as Key Frustrations
LocumTenens.com Physician Survey Shows Radiologists Relish Intellectual Stimulation of Specialty http://www.marketwire.com Medical liability risk, declining reimbursement for services and lifestyle issues are among the issues on the minds of radiologists, many of whom have gathered in Chicago this week for the annual conference of the Radiological Society of North America. At least that is the […]
Medical Mutual to pay state $75,000 in settlement
Triangle Business Journal – by Chris Coletta http://www.bizjournals.com Medical Mutual Insurance Co., the state’s largest malpractice insurer, will pay the state $75,000 to settle allegations that it broke state law by investing in real estate partnerships meant to compensate top executives. The Raleigh company did not admit to any wrongdoing in the settlement and says […]
UnitedHealth forces pay-for-performance measures in new contract
By Bruce Japsen | Tribune staff reporter Chicago Tribune An end to a rift that began almost four years ago between Advocate Health Care and managed-care giant UnitedHealth Group over payment rates will result in new pay-for-performance measures for Advocate doctors under a new contract announced last week by the insurer and the Chicago area’s […]
Mich. Medical Society Says Rate Drop Shows Tort Reform Law Working
http://www.insurancejournal.com A clear indication that Michigan’s 1993 tort reforms are working is that the state’s largest physician medical malpractice insurer is cutting its premiums by 12 to 25 percent for Wayne County physicians, the Michigan State Medical Society (MSMS) announced yesterday at a news conference in Detroit. The average decrease for all physicians in Wayne […]
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