The doctors get what they deserve since they did not purchase their coverage from a “normal” insurance company. They created a “JIF” and now they are paying the price. School districts will face the same fate soon since they also use “JIF’s”
John, I have to reply, you don’t know the whole story. Laywers had kicked all the ‘legit’ insurance out of the state. For most doctors in high litigation specialties there IS no other option. There dropping out, its soon going to be that for those conditions (OBGYN and Brain surgery on then high end) there WILL be no private doctors, only staff doctors working out of the remaining handful of state and teaching hospitals which are self insured.
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The doctors get what they deserve since they did not purchase their coverage from a “normal” insurance company. They created a “JIF” and now they are paying the price. School districts will face the same fate soon since they also use “JIF’s”
I’ve been in this business 30 years….will anyone ever learn that these approaches to risk transfer don’t ever work in the long run?
John, I have to reply, you don’t know the whole story. Laywers had kicked all the ‘legit’ insurance out of the state. For most doctors in high litigation specialties there IS no other option. There dropping out, its soon going to be that for those conditions (OBGYN and Brain surgery on then high end) there WILL be no private doctors, only staff doctors working out of the remaining handful of state and teaching hospitals which are self insured.