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 This material may not be published, broadcast, rewritten or redistributed.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.
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles 
