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Malpractice rate hikes hit New Mexico doctors hard
New Mexico doctors face malpractice premium increases after a Medicare pay cut. Ge Medical Protective and AP Capital raise average rates by about 29 to 35 percent, with higher risks like surgeons seeing larger rises. Industry says investment losses and rising successful suits drive the trend. LOCAL medical leaders cite affordability and recruitment concerns amid the shifts.
MENTIONED IN THIS ARTICLE
Albuquerque
New Mexico
Hobbs
Jerry D. McLaughlin II
David Miller
Letherer and Associates
Miller
GE Medical Protective Insurance
GE Medical
AP Capital
American Medical Association
McAllen
Texas
Florida
West Virginia
Nevada
Randy Marshall
New Mexico Medical Society
Allan L. Haynes Jr
Medical Society
Haynes
McLaughlin