Word: nevadas
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Dates: during 2000-2009
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Sommer Hollingsworth, president of the Nevada Development Authority, which works to attract employers to southern Nevada, observed that of about 350 firms his group sought to recruit over the past year, "we've never had anyone ask about the nuclear waste at Yucca Mountain, but client after client wants to know what we are going to do about the doctor situation. The quality of the medical system plays a big role for companies choosing to relocate...
...Nevada has been especially hard hit because it's one of the states with the sharpest rise in malpractice costs. But those costs are climbing nationwide. According to one study, from 1999 to 2000 the median plaintiff's jury award in medical-malpractice cases increased 43%, from $700,000 to $1 million. Last year the MIIX Group, an insurer in 24 states, saw 26 claim payments of more than $1 million. This year it has faced an average of one new $1 million-plus claim every week...
Companies like Interstate Insurance Group and Princeton Insurance Co. have discontinued coverage in states with the largest awards, such as Nevada and Pennsylvania. Three significant malpractice insurers fell into liquidation in the past year. The insurers left in the worst markets--often smaller, physician-owned companies--do not have the capacity to absorb all the cast-off practitioners...
...risk, some companies are encouraging doctors and clinics to limit the number of patients they see. Several insurers in Las Vegas, including American Physicians Assurance Corp., offer a 25% discount to doctors who deliver fewer than 125 babies a year--half the number most local physicians deliver. Last month Nevada insurance commissioner Alice Molasky-Arman opened an inquiry into such pricing. Sheila Wright, a spokeswoman for American Physicians Assurance, said, "We don't have a choice. We are concerned about patients, but our rates reflect the risks that we take...
...Ballots are awfully crowded nationwide with this buck-passing. This November, voters in various states will weigh two different marijuana proposals - San Francisco's and a Nevada plan to legalize the possession of less than three ounces - as well as initiatives to reduce public employees' benefits, raise taxes, create a universal health care system, force unions to offer so-called paycheck protection to members and impose term limits...