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Under increasing pressure from third-party payers and facing the uncertainty of healthcare reform, physicians have been able to find some comfort in stable, or, in some cases, declining medical liability premiums.
Under increasing pressure from third-party payers and facing the uncertainty of healthcare reform, physicians have been able to find some comfort in stable or, in some cases, declining medical liability premiums.
The years-long pattern of plateaued premiums continues, according to Medical Economics' 2010 Exclusive Survey on malpractice, part of our Continuing Study that also examined earnings (September 24 issue) and productivity (October 22 issue). The survey was administered in June and answered by more than 4,000 office-based MDs and DOs in more than 17 practice areas and specialties.
Premiums "seem to be holding steady or even coming down a bit," says Steven I. Kern, JD, a principal in the healthcare law firm Kern Augustine Conroy & Schoppmann, which has practices in New York and New Jersey.