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 This material may not be published, broadcast, rewritten or redistributed.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.
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
Trucking App Trucker Path Launches Retail Insurance Agency
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case 

