Someone who runs a red light and is caught on one of those video cameras might expect their insurance premiums to rise.

Side note: We all know that careless and reckless drivers pay astronomical rates for car insurance, if they can get coverage at all. Yet many people fail to realize that the same circumstances apply to doctors. Take the case of Dr. David Giem who recently testified to congress that his medical malpractice insurance rates had risen by 600 percent in the last year. What Dr. Giem failed to mention was that he has just finished 3 years of probation enforced by the Missouri Division of Professional Regulation; is it any wonder why Dr. Giem is paying through the nose for medical malpractice insurance. Doctors like Dr. Giem raise the cost of medical malpractice insurance for the entire medical community.

By William Heisel
Reporting On Health

Likewise, a doctor who has been disciplined by the state medical board or sued repeatedly might expect his medical malpractice insurance company to take note and adjust accordingly. You take risks. Your insurance company will make you pay more to cover those risks.

Consider this when you picture Dr. David Giem, a Missouri obstetrician, standing in front of the state capitol in Jefferson City, Missouri, surrounded by doctors angry about the cost of malpractice insurance.

As the Associated Press wrote:
Dr. David Giem has delivered about 1,500 babies during his 26 years practicing medicine in Sullivan. Now, Giem says, his practice is threatened by the cost of medical malpractice insurance.

In the past year alone, he says, his malpractice insurance premiums rose about 600 percent.

“Just the rate of increase is bigger than last year’s pre-tax profits,” he said.

Giem was among more than 500 white-coated doctors and medical students who flocked to the Capitol on Wednesday to urge lawmakers to curtail personal injury lawsuits, which they blame for their rising premiums.

What the AP failed to point out was that Giem had just finished three years of probation for, according to the Missouri Division of Professional Regulation, problems with his prescribing practices.

Insurers don’t like it when you break the rules.

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