First, the status of HB-188 and SB-213…HB-188 received a “Do Pass” from the House Business & Industry Committee last night. It now goes to the House Judiciary Committee. SB-213 is on the calendar to be heard on the Senate floor this morning.

Now, for a new perspective on how corporation premiums would increase if the bills do not pass…

A large orthopedic practice currently pays $14,010 for their corporation under the Medical Malpractice Act (MMA). If we are unsuccessful in passing HB-188/SB-213, the corporation will end up paying $171,628 for the same $200K/$600K occurrence policy or $254,842 for a $1M/$3M policy - just to cover their corporation.

A large OB/GYN practice that currently pays $11,050 for their corporation under the MMA would end up paying $204,849 for the same $200K/$600 policy or $304,171 for a $1M/$3M policy - just to cover their corporation.

A solo FP currently paying $1,300 under the MMA would end up with a $3,317 bill for the same $200K/$600 occurrence policy or $4,925 for a $1M/$3M policy - just to cover their corporation.

NMMS asks that you please contact both your Senator and Representative and ask they support these bills. Even if you do not have a personal conversation with your legislators, please call the Capitol switchboard (505-986-4300), ask for your legislators’ office, and leave a message with their staff. If you know other legislators, please give them a call or email also…especially those on the House Judiciary Committee (please see list below).

Al Park, Chair   986-4411
Joseph Cervantes, Vice Chair   986-4249
Eliseo Lee Alcon   986-4254
Paul Bandy   986-4214
Elias Barela   986-4235
Gail Chasey   986-4844
Zachary Cook   986-4454
Dennis Kintigh   986-4453
Antonio “Moe” Maestas   986-4464
Ken Martinez   986-4776
Bill O’Neill   986-4254
William “Bill” Rehm   986-4450
Mimi Stewart   986-4840
James White   986-4452

Thank you for your support and interest in this issue that affect all in New Mexico.

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