Doctors in high-risk specialties whose malpractice premiums increased as much as 33 percent this year are getting some financial relief from malpractice legislation passed by the General Assembly last December.
Medical Mutual Liability Insurance Society, which insures most Maryland doctors, said that third-quarter invoices will reflect the subsidy provided by the General Assembly to hold the premium increase to a maximum of 5 percent. Physicians who paid the full premium at the beginning of the year will have the option of getting a rebate or applying the subsidy to next year’s medical malpractice premiums.
“The doctors of Maryland desperately needed the premium relief created by the Maryland General Assembly, and we are very pleased that everyone was able to work together to make sure that they received the full amount of the subsidy at this time,” Dr. D. Ted Lewers, chairman of the Medical Mutual board, said.
Gov. Robert Ehrlich freed up the money after Democratic leaders had complained repeatedly that the administration was dragging its feet on making the $27 million for the subsidy available. But administration officials said they had moved as quickly as they could to make the money available.
Topics Maryland
Was this article valuable?
Here are more articles you may enjoy.
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal
Ford to Recall More Than 548,000 US Vehicles Over Defective Center Console
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit
Impeachment Sought on Federal Judge Over Sex in Chambers, Lying to Investigators 


