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New York: "Malpractice needs a genuine fix"



From a Newsday editorial: "The Medical Liability Mutual Insurance Co., the major player in New York, has seen its surplus plummet from $1.3 billion six years ago to $300 million today." Albany lawmakers in their wisdom have chosen to renew a freeze on rate hikes by malpractice insurers can charge -- must be nice not to have to worry about consequences. See also Jul. 3 (second-largest med mal insurer in New York is underwater).

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Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.