Premiums Skyrocket in ‘Broken’ Malpractice System
New York hospitals will pay $1.3 billion in medical malpractice premiums in 2007, a figure that represents a 175% increase since 2000, according to a new analysis b y t h e h o s p i t a l s t r a d e association. Individual hospitals will pay tens of millions of dollars each, according to a Greater New York Hospital Association survey of its member hospitals. Following the state Insurance
