N.Y. OBGYNs Pushed To 'Breaking Point'

NU Online News Service, June 13, 4:20 p.m. EDT?A spokesperson for the New York Obstetricians and Gynecologists group said their members are at a "breaking point" over medical liability insurance rates that are due to increase next month.

Ruth Wallens, spokesperson for the New York chapter of the American College of Obstetricians and Gynecologists, said many doctors are now at a point where they are reconsidering whether their practices are economically viable. "Nationwide, OBGYNs pay some of the highest premiums in specialty fields. Among them, New York OBGYNs pay some of the highest rates," said Ms. Wallens, noting that in some areas in New York, obstetricians and gynecologists pay an average of $110,000 in medical malpractice premiums.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.