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NY Hospitals without Malpractice Insurance

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The New York Times has reported that several New York hospitals carry no medical malpractice insurance and do not have money in reserve to pay for lawsuits, even against doctor error.

According to a health department survey, instead of insurance, the three Brooklyn hospitals, Wyckoff Heights Medical Center, Interfaith Medical Center, and Kingsbrook Jewish Medical Center, have set aside money reserves in the case of a lawsuit. However, financial records show Wyckoff and Interfaith actually have no money in reserve. The Times was not able to determine if Kingsbrook had money set aside, Business Insider reported.

According to University of Pennsylvania law professor Tom Baker, failing to carry malpractice insurance is a huge disservice to patients. “From a social perspective, it’s very irresponsible. They’re taking in these people knowing they’re not able to make good on the harm they caused. Even a really good hospital is going to have a certain amount of medical malpractice. It’s inevitable,” Baker told the Times.  By not carrying insurance, the hospital puts patients at risk of receiving no financial award for injuries caused by malpractice.

 

 

breakinglawsuitnews.com disclaimer: This article: NY Hospitals without Malpractice Insurance was posted on Tuesday, July 17th, 2012 at 9:10 pm at breakinglawsuitnews.com and is filed under Medical Malpractice Lawsuits.

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