The high cost of medical care just got higher.
R. Kevin Clinton, president of American Physicians Capital Inc., told leaders of the New Mexico Medical Society that medical malpractice insurance premiums have increased an average 9.8 percent statewide this year.
High risk specialists had increases of up to 19 percent, he said.
Malpractice rates went up 14 percent last year and 35 percent in 2002, Clinton said. American Physicians Capital insures most doctors in New Mexico.
Copyright 2004 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Trends Pricing Trends Mexico
Was this article valuable?
Here are more articles you may enjoy.
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
Uber and FedEx Get Green Light for Racketeering Suit Against Lawyers, Doctors
Lawyers, Traders Among 30 Charged in Global Insider Trading Case
Hedge Funds Make Their Move as Litigation Finance Assets Slump 

