More support for doctors

Published: Friday, August 1, 2003 at 6:01 a.m.
Last Modified: Friday, August 1, 2003 at 12:21 a.m.
Kudos to Dr. Kellner, ("New regulations hurting doctors," July 27). He could have added a section about insurance.
Before an insurance company can raise the rates for homeowners' insurance, it must be reviewed and approved by the state. Not so for physicians' liability insurance.
My internist closed up shop, and now my urologist is inches away from doing the same because of the cost of liability insurance.
And I don't believe that the "large awards" that some patients have received are responsible for the huge rate increases.
It has much more to do with the insurance companies' bad or lower rates of return on their investments and the need to satisfy their stockholders.
Also, he might have added a paragraph about the ever escalating cost of medication - kind of like buying tires. Michelin tires have a great reputation, but local stores sells similar ones for much less. But Michelins are better - says so on TV.
However, the price of Michelin tires are not much more expensive than they were five years ago, even though many improvements have been made to them over that period of time. Not so for prescription medications.

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