Last week I wrote a post called “SVMIC Rate Increase – NOT.” The post explained that SVMIC had not raised its insurance rates for its owner-doctors in 2008. Read the entire post here.
I then received this comment from Tom:
What’s wrong with making a profit? I am sure as a business owner that is your goal as well. Have you reduced the rates to your clients or decreased your contingency % this year (or in a year that you had large profits or extensive reserves)? While you may not like SVMIC’s clients or practices, they appear to be a well run company. Well-run company’s [sic] make profits. Poorly-run company’s [sic] get bailed out by the government.


