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{"id":8692,"date":"2011-12-16T17:02:03","date_gmt":"2011-12-16T17:02:03","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=8692"},"modified":"2011-12-12T17:03:12","modified_gmt":"2011-12-12T17:03:12","slug":"insurance-companies-should-be-reined-in-from-charging-excessive-medical-malpractice-insurance-rates","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2011\/12\/insurance-companies-should-be-reined-in-from-charging-excessive-medical-malpractice-insurance-rates\/","title":{"rendered":"Insurance Companies Should Be Reined in from Charging Excessive Medical Malpractice Insurance Rates"},"content":{"rendered":"

Finally, someone is thinking outside the box about medical malpractice insurance. It is the companies that are gouging doctors, not the number of lawsuits filed.<\/p>\n

This is quite welcome news to medical malpractice lawyers \u2013 that regulating insurance rates is crucial to preventing medical malpractice insurance companies from taking thousands of dollars from doctors and allowing patients better access to health care. This observation comes from the author of California\u2019s insurance regulatory reform law.<\/p>\n

There is a bit of history involved here, and that is referring to Proposition 103, enacted as insurance reform in 1988. That law mandates prior approval for various requested hikes in insurance, meaning that insurance companies must justify and get an approval from state regulators before any new rates could be introduced.<\/p>\n

What is interesting about this, is that in the first three years after the reform was introduced, California medical malpractice premiums dropped by 20 percent, then stabilized. This (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Finally, someone is thinking outside the box about medical malpractice insurance. It is the companies that are gouging doctors, not the number of lawsuits filed. This is quite welcome news to medical malpractice lawyers \u2013 that regulating insurance rates is…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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