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Article: Malpractice insurers eye growing alternative medicine market.
- Article from:
- Business Wire
- Article date:
- March 31, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OLDWICK, N.J.--(BUSINESS WIRE)--March 31, 1997--As chiropractors, acupuncturists and other nontraditional health-service providers gain greater acceptance from the public and from health insurers, they also are drawing increased attention from medical malpractice insurers.
According to an article in the April property/casualty edition of Best's Review, alternative medicine currently accounts for less than 5% of total medical malpractice writings and is serviced by fewer than 50 medical malpractice insurers. However, the article continues, insurers that cover medical malpractice risk are positioning themselves to take advantage of this market's expected ...