Sharing liability: A growing way to handle the risk
November 8th, 2007 Posted by: Dr. Dobson
When Lancaster, Pa., neurosurgeon John A. Gastaldo, MD, saw his medical liability insurance premiums double through his regular carrier, he searched for alternatives. With a limited number of insurers doing business in the state five years ago, options were scarce.
Dr. Gastaldo, though, found a way. In 2003, he and some colleagues in the same predicament decided to self-insure by forming their own risk-retention group: Central Pennsylvania Physicians Risk Retention Group Inc.
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Tags: Sharing, liability, growing, handle