New York Freezes Malpractice Insurance Rates

Gov. David Paterson is freezing medical malpractice insurance rates for a year as he seeks a broader solution to high business costs doctors claim are driving them out of New York.

The freeze heads off a scheduled surcharge due in June 2009 that could have increase some physicians' rates by as much as 30 percent.

The New York Public Interest Research Group says the freeze shouldn't affect patient care and that time is needed to work out the difficult problem of high rates.......LINK