{"id":144,"date":"2016-04-12T00:00:00","date_gmt":"2016-04-12T00:00:00","guid":{"rendered":"http:\/\/defranciscolaw.lawblogger.net\/blog\/decline-in-med-mal-litigation-among-factors-contributing-to-ny-insurance-market-volatility-p1\/"},"modified":"2017-10-23T12:28:19","modified_gmt":"2017-10-23T16:28:19","slug":"decline-in-med-mal-litigation-among-factors-contributing-to-ny-insurance-market-volatility-p1","status":"publish","type":"post","link":"https:\/\/www.defranciscolaw.com\/blog\/decline-in-med-mal-litigation-among-factors-contributing-to-ny-insurance-market-volatility-p1\/","title":{"rendered":"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1"},"content":{"rendered":"

Medical malpractice liability is an important factor for physicians in every area of medical care. The costs associated with malpractice liability can be significant, because the costs of medical negligence are often so great<\/a> for injured patients.<\/p>\n

Each state has a slightly different landscape when it comes to malpractice liability. In New York\u2019s current system, there are five medical malpractice carriers, each of which is required to pay into a guaranty fund serving as a safety net in the event one of the insurer\u2019s fails. Out-of-state carriers are not bound by the same requirement, and can thus charge less for coverage. In-state providers are having a hard time competing with the low rates of out-of-state providers, and this isn\u2019t really a benefit to patients.\u00a0<\/p>\n

There are undoubtedly many factors affecting the current medical malpractice market in New York, and there isn\u2019t necessarily a whole lot individual patients can do about it. Perhaps lawmakers and state regulators will come up with a solution to the problem, though it isn\u2019t clear exactly what they would do to address it. One of the factors is that a significant number of insurance providers have come into the New York market in recent years because of a variety of factors. Because federal law exempts out-of-state providers from the state\u2019s regulatory requirements, instability has resulted.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Medical malpractice liability is an important factor for physicians in every area of medical care. The costs associated with malpractice liability can be significant, because the costs of medical negligence are often so great for injured patients. Each state has a slightly different landscape when it comes to malpractice liability. In New York\u2019s current system, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7],"class_list":["post-144","post","type-post","status-publish","format-standard","hentry","category-medical-malpractice","tag-medical-malpractice"],"yoast_head":"\nDecline in med mal litigation among factors contributing to NY insurance market volatility, P.1 — Syracuse Personal Injury Law Blog — April 12, 2016<\/title>\n<meta name=\"description\" content=\"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 - Medical Malpractice - DeFrancisco & Falgiatano Law Firm\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.defranciscolaw.com\/blog\/decline-in-med-mal-litigation-among-factors-contributing-to-ny-insurance-market-volatility-p1\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 — Syracuse Personal Injury Law Blog — April 12, 2016\" \/>\n<meta name=\"twitter:description\" content=\"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 - Medical Malpractice - DeFrancisco & Falgiatano Law Firm\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeff DeFrancisco\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 — Syracuse Personal Injury Law Blog — April 12, 2016","description":"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 - Medical Malpractice - DeFrancisco & Falgiatano Law Firm","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.defranciscolaw.com\/blog\/decline-in-med-mal-litigation-among-factors-contributing-to-ny-insurance-market-volatility-p1\/","twitter_card":"summary_large_image","twitter_title":"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 — Syracuse Personal Injury Law Blog — April 12, 2016","twitter_description":"Decline in med mal litigation among factors contributing to NY insurance market volatility, P.1 - 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