New Jersey Gov. James E. McGreevey signed into law a bill that will provide $78 million to help doctors cope with soaring malpractice insurance premiums. The law creates a fund that will provide $26.1 million a year, over the next three years, to subsidize a portion of medical malpractice insurance costs for health-care providers. Money for the fund will come from a $75 annual fee that will be charged to doctors, dentists, optometrists, chiropractors and lawyers. In addition, a $3 surcharge will be collected from state employers for each worker.
Posted by Editor at June 8, 2004 02:19 PM