Gazette Online - Doctors forgotten? -
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Published on: 2/25/2002
Last Visited: 2/25/2002
The neurologists that cover Charleston Area Medical Center's Trauma Center are scrambling for coverage before their St. Paul insurance runs out May 1, said Diana Williamson, administrator for Neurological Associates Inc.
Doctors and hospital administrators say they fear state leaders and the public think malpractice insurance is no longer a problem.They foresee the commercial market shrinking and more doctors turning to the state-run malpractice insurance plan.
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"I think our group and many others insured by St. Paul will be in the same position in the coming months," Williamson said.
Rumors abound about the two other main commercial malpractice insurance carriers in West Virginia: Medical Assurance and Commonwealth Medical Liability Insurance Co.
Doctors and hospital officials hear from insurance brokers that the two carriers are being pickier about the doctors that they underwrite.
They also hear that Commonwealth stopped accepting new applicants Feb. 1 because of reinsurance problems and disappointment that the state Insurance Commission gave them a 20 percent increase instead of the 40 percent they requested.
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Williamson said she hopes Commonwealth will start covering more doctors.She's applied to Medical Assurance and is going to file an application with the state Board of Risk and Insurance Management.
"Our only option may be BRIM," she said."But than the doctors would be paying rates 10 percent higher than the highest commercial rates, and they don't feel like that's much of an option."
And some of the neurologists have earned a free tail from St. Paul.When physicians leave an insurance company, they can purchase a tail, which will cover them for any acts for which they are sued while they were with that company.
That means that if doctors retire when their insurance expires March 31, they would not have to pay the extra $200,000.