Doctors Want to Carry Less Coverage ; Malpractice Remedy Could Hurt Patients

Summary


New Jersey's doctors want to lower their insurance costs by buying less malpractice coverage, a move critics say could leave injured patients in dire financial straits.

With their campaign for malpractice insurance reform stalled in Trenton and premiums rising steadily, physicians packed a hearing room Thursday to ask the state to allow doctors to lower insurance policies to $300,000 per claim, down from the $1 million currently required.

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Doctors Want to Carry Less Coverage ; Malpractice Remedy Could Hurt Patients

That means that malpractice victims could collect no more than $300,000 from a doctor's insurer, even if unable to work or in need of costly medical care for the rest of their lives.

The medical society argues that by reducing the amount...

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