A Missouri physicians’ group plans to build a new medical office building in Galena, Kan., citing lower malpractice insurance costs across the state line.
Dr. Christopher Banwart, a member of Orthopedic Specialists of the Four States in Joplin, said Kansas’ malpractice insurance rates are 50 percent lower than Missouri’s. Assistant Kansas insurance commissioner Bob Tomlinson confirmed that figure.
Tomlinson said there are fewer malpractice lawsuits in Kansas and the state’s cap on awards is $100,000 lower than Missouri’s. He said before Missouri lowered its cap on malpractice awards to $350,000, there was a mass exodus of doctors from Missouri to Kansas in the Kansas City area.
Galena Mayor Dale Oglesby said on September 18 that the development may be the biggest thing to happen in town since its mining heyday.
Was this article valuable?
Here are more articles you may enjoy.
Product-Defect Presumption Lives On: Florida Appeals Court Upholds $103M vs. Ford
Allstate Q2 Net Income Jumps 56% on Underwriting
NHTSA Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal 

