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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (12686)	10/2/2004 7:42:43 PM
From: Elroy Jetson	Respond to of 116555

We're seeing the same increase in premiums across all lines of insurance, not just malpractice. As investment income has fallen on the insurance company's premiums collected, they have raised premiums to make up for the loss of income due to lower interest rates. Occasionally we do read about unlicensed "doctors" performing operations in storefront locations, oftentimes with a cell-phone number on their business card for quick escape in the event of problems. Many point to the lower fees charged by these charlatans as proof of how much lower medical costs would be if service providers were not legally responsible for their work. This may be true but I don't think this form of "medical care" is in the public interest.