N.J. Distributes $16.4M in Medical Malpractice Insurance Subsidies
East News • January 22, 2008
New Jersey Banking and Insurance Commissioner Steven M. Goldman reported that the state began sending subsidies of $16.4 million last month to eligible medical practitioners in certain high-risk ...
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Subject: Med Mal Ins subsidized premium or kick-backs??!!
Posted On: January 22, 2008, 1:09 pm CST
Posted By: Astounded!
Comment:
Now there is new meaning for the phrase, the fox watching the hen house...doctors and attorney's, some of the single highest earners on the planet; cooked up this scheme, under the disguise of public benefit, to arrange $16.4m in paybacks! Let's see if I get this right - the doctors (who already charge a fortune for the high risk specialist's they are in) get a vig from their own assesments, to offset med.mal. insurance premiums they pay. This in turn provides for a (insurance policy) fund for the attorney's to sue, in a med. malpractice case?!?
Wouldn't the doctors, attorney's and legislators do better, by just holding a gun to your head, and just ask for the money!?!
This is unbelievable, another example of the complete corruption in NJ. Who else gets a self-funded assestment, to offset future premiums in their business...to guarentee and support a population of plaintiffs attorneys!
Subject: Med Mal Ins subsidized premium or kick-backs??!!
Wouldn't the doctors, attorney's and legislators do better, by just holding a gun to your head, and just ask for the money!?!
This is unbelievable, another example of the complete corruption in NJ. Who else gets a self-funded assestment, to offset future premiums in their business...to guarentee and support a population of plaintiffs attorneys!