When Pennsylvania recently agreed to raise cigarette taxes to once again subsidize doctors’ MCare premiums, it was accurately described by many as a “Band-Aid” solution to the larger problem of rising malpractice insurance rates that doctors and hospitals pay. The question that remains to be answered is, why are rates high and growing even higher? Is it unscrupulous and careless business tactics by insurers, who have gouged doctors and hospitals to cover their losses in other business investments?
Posted by Editor at January 24, 2004 03:42 PM