1 Day
Source:
The Boston Globe
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Former Steward clinicians face malpractice insurance issues
Former Steward Health Care employees, including doctors and nurses, face significant financial risks due to the collapse of TRACO, the company's malpractice insurer. TRACO, based overseas and unregulated by Massachusetts, is insolvent, leaving many clinicians personally liable for legal claims and unable to secure affordable tail insurance. This has led to fears of financial ruin among healthcare providers and raises concerns about gaps in regulatory oversight and patient dispute resolution.
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