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Re: Bitter medicine From: Abby Silverstein (anonymous@medispecialty.com) Tue Jul 1 10:08:10 2003 Messages sorted by: [ date ][ thread ][ subject ][ author ] Next message: Gail Waldby: "Re: GEN: Antibiotic Selection" Previous message: Braun, R. Daniel: "FW: plea changes to list" At Mon, 30 Jun 2003, Garry E. Siegel, M.D. wrote: > >That is so terribly sad that you had to do so without any chance >retire/quit on your own terms, or at least with some fair warning. > >Garry >I'm not a doctor, but have some corporate human resources experience. You are obviously over 40, and I believe that the federal Age Discrimination in Employment Act has a provision that will allow you more than substantially more one day to make a decision. It might not change ultimately the outcome, but the ability to buy more time may lead to a better solution for you. I would consult with an attorney who specializes in employment law. -- Abby Silverstein >At Mon, 30 Jun 2003, ENDODOK@aol.com wrote: >> >> After 32 years of practice, I folded my tent 2 weeks ago. Our former >>carrier withdrew our coverage. A new carrier was found, but with nose coverage >>plus the annual premium, the first year premium was $198,000. ( this was >>reportedly a "mature" policy). This was projected to be a "stable" annual premium, >>however it raised our practice overhead to 80%, and this was the best >>scenario our CFO could project. This required a massive cutback in staffing, >>posssible increased hours of operation etc. As you all know, the projection for >>liability carriers losses is enormous, and the " De facto, insolvancy" of the >>liabilty industry is a possibility . Do read the lead article in Time ( 6/9/03 ). >>The outlook for improvement in premium rates for physicians is grim. >> The toll of this decision is profound, and my family is devastated . I >>was given one day to choose to (1) leave totally medical practice, and tail >>coverage was free, or (2) accept the new policy with its unpredictability, and >>costs. Unless true liability reform occurs, the lack of affordable coverage , >>or the unavailability of any coverage will shut down medical practice as we >>know it. >> >>J.Glenn Bradley MD > >-- >Garry E. Siegel, M.D. >Private Practice >Roswell, GA > Next message: Gail Waldby: "Re: GEN: Antibiotic Selection" Previous message: Braun, R. Daniel: "FW: plea changes to list"

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