Insurance companies drive up costs for doctors by raising premiums
Over the past five years, premiums at Medical Mutual Insurance Company of North Carolina have rose 45%, more proof that insurance companies, not lawyers, increase insurance costs for doctors. The increased premiums have raised margins at the company and resulted in large bonuses for executives at the company.
There are currently four medical malpractice bills pending in the legislature in North Carolina. One bill would require lawyers to report their earnings.
These increases in premiums may be unwarranted given that nationally medical malpractice costs have been trending downward over the last year.
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