Two medical malpractice insurers serving Pennsylvania are asking for rate increases that could affect thousands of doctors statewide.
Lower Paxton Township-based PMSLIC is asking the state Department of Insurance for an average 40 percent rate increase, according to department filings. MIIX Insurance Co., Lawrenceville, N.J., wants an average 50.3 percent increase.
For a doctor who pays $40,000 for malpractice insurance coverage this year, a 40 percent rate increase would mean a $56,000 premium next year. A 50.3 percent increase would mean a premium of about $60,000.
As of Oct. 1, the Insurance Department was still reviewing the requests, said Melissa Fox, the …
No comments:
Post a Comment