New York Medical Malpractice

Current negotiations for medical malpractice reform are delaying the release of the newest malpractice rates. The New York Sun highlights:

The state’s insurance superintendent, Eric Dinallo, is holding off on raising medical malpractice insurance rates pending negotiations on ways to reform the state’s malpractice system, the insurance department announced yesterday.

When rates for 2008-09 are determined, they will be retroactive to today.

Malpractice insurance rates are set each year by the insurance superintendent, and physician groups were bracing for a single-digit rate increase this year.

Hopefully, this move for reform by New York state will be able to keep medical malpractice rates under control.

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