Just So You Know

Below is what doctors have to pay yearly for medical malpractice insurance.   Enjoy.

Where doctors spend the most — and least — for liability insurance

The medical liability market nationwide held steady in 2012, with overall rates dropping a scant 1.7% over the previous year. But rates that physicians pay vary greatly, depending on the state, county, specialty, insurer and plan.

Highest internist rates 2011 2012 Change
Florida (Dade County) $47,731 $47,731 0.0%
Illinois (Cook, Madison and St. Clair counties) $40,865 $40,865 0.0%
Michigan (Wayne and Oakland counties) $35,139 $35,139 0.0%
Connecticut $34,700 $34,700 0.0%
New York (Nassau and Suffolk counties) $33,041 $34,032 3.0%
Highest general surgeon rates 2011 2012 Change
Florida (Dade County) $190,926 $190,926 0.0%
New York (Nassau and Suffolk counties) $120,228 $127,233 5.8%
Illinois (Cook, Jackson, Madison, St. Clair and Will counties) $127,083 $127,083 0.0%
Michigan (Wayne County) $142,731 $121,321 -15.0%
Nevada (Clark County) $118,125 $118,125 0.0%
Highest ob-gyn rates 2011 2012 Change
New York (Nassau and Suffolk counties) $206,913 $204,684 -1.1%
Florida (Miami and Dade counties) $201,808 $201,808 0.0%
Illinois (Cook, Madison and St. Clair counties) $177,441 $177,441 0.0%
Connecticut $170,389 $170,389 0.0%
Nevada (Clark County) $168,750 $168,750 0.0%
Lowest internist rates 2011 2012 Change
Nebraska* $2,381 $2,381 0.0%
Minnesota $3,375 $3,375 0.0%
South Dakota $3,697 $3,697 0.0%
Wisconsin $3,946 $3,946 0.0%
California (14 counties) $3,988 $3,988 0.0%
Lowest general surgeon rates 2011 2012 Change
Nebraska* $8,095 $8,095 0.0%
Minnesota $11,306 $11,306 0.0%
South Dakota $12,569 $12,569 0.0%
Wisconsin $13,813 $13,813 0.0%
Kansas* $17,089 $14,400 -14.0%
Lowest ob-gyn rates 2011 2012 Change
Nebraska* $14,286 $14,286 0.0%
California (14 counties) $15,484 $15,484 0.0%
Minnesota $16,449 $16,449 0.0%
Wisconsin $18,154 $18,154 0.0%
South Dakota $19,946 $19,282 -3.3%

* Rate does not include payment to state patient compensation fund.

Source: Medical Liability Monitor Annual Rate Survey, October (medicalliabilitymonitor.com/)

 

25110cookie-checkJust So You Know