This story is potentially good news for doctors but bad news for insurance companies.<\/p>\n
The state of California is in an interesting battle of wills, with a ballot up for consideration that, if passed, would mean patients get the identical level of protection against health insurance premiums considered unfair as doctors get through their practice. In plain English, the rate regulation being proposed would drop the current insurance rates by $21 million. This is great news for patients but not so good news for insurance companies who make good money on overcharging medical health professionals for malpractice insurance.<\/p>\n
The likely upshot? Even though the insurance companies may be forced to reduce rates, you can be sure they will find a creative way to hike rates some other way. The way this is supposed to work is that the state\u2019s Department of (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" This story is potentially good news for doctors but bad news for insurance companies. The state of California is in an interesting battle of wills, with a ballot up for consideration that, if passed, would mean patients get the identical…<\/span><\/p>\n