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February 06, 2012
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Medical Malpractice News

 

Department Approves Dissolution Plan For Medical Malpractice Insurance Association (Mmia)

        Superintendent of Insurance Neil D. Levin announced that the Department has approved a dissolution plan of the Medical Malpractice Insurance Association (MMIA), transferring all old liabilities to the Medical Liability Mutual Insurance Company.

        "The Department’s approved plan succeeds in privatizing the obligations of MMIA and does so through the largest writer of private medical malpractice insurance in New York State," said Levin.

        The Department was required to approve a dissolution plan by April 30th, that maximizes the value of MMIA to the state, without impairing or impeding the operation of the voluntary medical malpractice insurance market or limiting the access to medical malpractice coverage for health care practitioners or facilities insured by the MMIA.

        The Department held a public hearing to review the Department’s proposed plan for the dissolution as well as dissolution plans proposed by other interested parties on March 29th.

        In addition, the Department is reviewing proposals regarding distribution to authorized medical malpractice insurers for the insureds of MMIA and health care practitioners and facilities, which will otherwise be unable to secure coverage in the voluntary market. A regulation prescribing a plan for this equitable distribution, which will be the subject of a public hearing to be held at a later date, must be promulgated prior to July 1st.

 

Please contact us if anyone you know has suffered from debilitating injuries due to medical malpractice in New Mexico.

 

 
Did You Know?    
 
 
Sexual abuse is a form a medical malpractice
Sexual abuse of or sexual misconduct with a patient is also a serious issue. Six to ten percent of psychiatrists surveyed confessed to having engaged in sexual contact with a patient and in a longitudinal study.

 


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News about Medical Malpractice cases in New Mexico and nationwide:

Medical Malpractice Rate Decrease of 1.5 Percent
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Medical Board Launches New, Consumer-Friendly Web Site Address
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    Medical Malpractice Lawyers.com Terms

     


    Today's Terms

    Cerebral Palsy

    Definition:
    Cerebral palsy refers to a group of conditions that affect control of movement and posture. Because of damage to one or more parts of the brain that control movement, an affected child cannot move his or her muscles normally. While symptoms range from mild to severe, the condition does not get worse as the child gets older.

    Terminal sedation

    Definition:
    Terminal sedation is the use of high doses of sedatives to relieve extremes of physical distress. Its purpose is to render the patient unconscious to relieve suffering until the patient dies from his or her disease processes and their complications.

    Arbitration panels

    Definition:
    Many states have formed arbitration panels in order to resolve disputes between doctors and their patients.

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    New Mexico Medical-Malpractice Attorney

     
    If you live in the following cities and need an Medical-Malpractice attorney you should contact our Medical-Malpractice Attorney as soon as possible:

    • Alamogordo
    • Albuquerque
    • Anthony
    • Artesia
    • Aztec
    • Belen
    • Carlsbad
    • Clovis
    • Deming
    • Edgewood
    • Espanola
    • Farmington
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    • Hobbs
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    • Las Vegas
    • Los Alamos
    • Los Lunas
    • Portales
    • Rio Rancho
    • Roswell
    • Santa Fe
    • Shiprock
    • Silver City
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