[WVKayaker]

In the early 70's, I crewed on an ocean racing sailboat with my son's Pediatrician and a young Orthopedic Surgeon who wanted to start his own practice with a couple of friends (we won most of or races!).

Anyways, he put together a loan and with two friends, built their practice. the three of them spent more than a $million to build the facility, then another $2million to equip and staff it. But, the real bugaboo was the annual malpractice insurance cost of $1.5 million to start. It increased annually.

There are plenty of claims against many doctors, but they had none. Yet, the MI costs went up exponentially. He retired at 52!

Being a good doctor is not enough!

[Mom MD]

Unfortunately not and getting worse Now reimbursements are steadily decreasing and we are squeezed to see more patients in less time than ever. I am 53 and believe me if I could retire today I would There is something about having 4 kids two of them in grad school.....