Md. HMOs Hike Rates to Cover Med-Mal Tax

January 27, 2005

  • January 27, 2005 at 5:14 am
    William V. Choisser M.D., J.D. says:
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    Economics 101 says if your costs rise, you raise the rates to pay for the costs, or that’s what HMO insurance companies say. But when physicians try to raise their rates to cover overhead and increasing insurance costs, they are price gouging and greedy individuals. I think the double standard is quite obvious. To keep physicians practices financially solvent, they must be able to adjust their rates to match the increasing overhead like any other business. It is only fair.
    William V. Choisser M.D., J.D.

  • January 28, 2005 at 7:35 am
    Lisa L says:
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    Finding the source of the bleeding is a better prescription for this issue. Why is the HMO taxed for med mal rate increases? This is not only the health insurance industries problem, it is a national epidemic. Litigation and frivilous lawsuits seem to be driving the med mal premiums; The US culture seems to find pointing fingers a way of life; perhaps we should be pointing with our thumbs once and a while…



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