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Wednesday, February 04, 2004

THE TRUTH ABOUT THE SO-CALLED MEDICAL PRACTITIONER'S INSURANCE PREMIUM CRISIS

Examining the Evidence: Medical Society's Claims of "Crisis"
The Medical Society of the State of New York says there is a "crisis" in medical malpractice insurance premiums. According to the Society, "The vast majority of practicing physicians are paying an astounding 27% to 43% more for their medical liability insurance now than they were paying for essentially the same coverage they had two years ago."



To deal with this so-called "crisis", the Medical Society calls for severe and unfair limitations on the ability of people injured by medical malpractice to receive compensation in court.



The tables below prove there is no "crisis".



These tables report the actual premiums physicians paid every year from 1996 to 2003 to the Medical Liability Mutual Insurance Company (MLMIC), which covers the majority of New York State doctors. Even in comparatively high cost areas such as New York City and Long Island, premiums have not kept pace with inflation. In fact, thousands of doctors are paying less today than they did in 1996. This data comes from the company's own filings with the New York State Department of Insurance.



Indeed, while MLMIC's statewide average malpractice insurance premiums rose 8.5% in 2003, there was no increase at all in the average statewide premium in 2002, 2001, 2000, 1999, 1998 and 1997 and premiums declined by 9% in 1996 for thousands of doctors.



The first seven tables below provide premium data for New York State's seven rating territories, or groups of counties. Click on the table for the territory you wish to view. Each table lists the premium paid by each physician specialty. Specialties are assigned a class number, 1 to 17.



Premiums for 1996 to 2003 are provided for $1 million/$3 million coverage. For 2003, premiums are also provided for $1.3 million/$3.9 million coverage, which physicians were required to purchase beginning in 2003.



Click on Table 8 to see the numbers of physicians per class and which specialties were assigned to each class each year. Finally, click on Table 9 to see number of MLMIC-covered physicians in each territory. (Please visit www.nystla.org to access the hyperlinks to the .pdf files referenced here.)
Related Documents


Table 1: MLMIC Premiums 1996-2003 in Territory 00 -- Rest of State


Table 2: MLMIC Premiums 1996-2003 in Territory 01 -- New York, Orange, Rockland, Sullivan, Westchester


Table 3: MLMIC Premiums 1996-2003 in Territory 02 -- Bronx, Brooklyn, Queens, Staten Island


Tabel 4: MLMIC Premiums 1996-2003 in Territory 03 -- Nassau, Suffolk


Table 5: MLMIC Premiums 1996-2003 in Territory 04 -- Columbia, Duchess, Greene, Putnam, and Ulster


Table 6: MLMIC Premiums 1996-2003 in Territory 05 -- Erie, Niagara


Table 7: MLMIC Premiums 1996-2003 in Territory 06 -- Livingston, Monroe, Ontario, Seneca, Wayne, Yates


Table 8: MLMIC Specialty Class by Year


Table 9: MLMIC Physicians per Territory, 2002







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