January 12, 2004

Medical Malpractice Insurance Woes Go On

Vascular surgeon Joseph Costabile is part of a 12-doctor Cherry Hill practice that is finding it harder to do its work these days. Surgical Group of South Jersey, which specializes in cardiac, vascular and colon/rectal surgery, faced a 100 percent increase in its medical malpractice insurance premium in 2002 and another 100 percent increase last year. "We're paying $1.4 million for 12 surgeons. I think that is excessive," said Costabile, president of the Camden County Medical Society. Posted by Webmaster at January 12, 2004 04:45 AM