Maryland: Medical Malpractice Insurance Requirements for 2023
Maryland physicians are not legally required to carry medical malpractice insurance. If a physician chooses to forego coverage, they are required to notify their patients in writing at the time of the patient's first visit, and as part of obtaining the patient's informed consent for any procedure or surgery, that they lack medical malpractice insurance. Maryland physicians are also required to post their lack of medical malpractice insurance coverage in their place of practice.
However, Maryland physicians are required to carry medical professional liability insurance limits of $1 million per occurrence or claim and $3 million per annual aggregate to obtain hospital credentialing and to participate in health plans in Maryland.
Maryland: Medical Malpractice Insurance Outcomes for 2021
TOTAL PAYOUT
The total medical malpractice payout in Maryland for 2021 was $46,361,500.
TOTAL PAYOUT VS. OUTCOME
TYPE OF INJURY
PATIENT AGE
PAYOUTS BY PATIENT TYPE
PAYOUTS BY PATIENT GENDER
MARYLAND MEDICAL MALPRACTICE INSURANCE RATES BY SPECIALTY
| Specialty | Approximate Rate | Minimum Rate | Maximum Rate |
|---|---|---|---|
| Anesthesiology | $17,000 | $7,000 | $35,000 |
| Cardiovascular Disease Minor Surgery | $24,000 | $12,000 | $35,000 |
| Emergency Medicine | $37,000 | $19,000 | $53,000 |
| Family Practice No Surgery | $14,000 | $7,000 | $21,000 |
| Gastroenterology No Surgery | $17,000 | $10,000 | $25,000 |
| General Surgery | $51,000 | $19,000 | $82,000 |
| Internal Medicine No Surgery | $15,000 | $7,000 | $21,000 |
| Neurology No Surgery | $20,000 | $10,000 | $30,000 |
| Obstetrics and Gynecology Major Surgery | $109,000 | $77,000 | $159,000 |
| Occupational Medicine | $11,000 | $6,000 | $20,000 |
| Ophthalmology No Surgery | $10,000 | $5,000 | $16,000 |
| Orthopedic Surgery No Spine | $47,000 | $19,000 | $67,000 |
| Pediatrics No Surgery | $15,000 | $8,000 | $21,000 |
| Psychiatry | $11,000 | $6,000 | $16,000 |
| Radiology – Diagnostic | $21,000 | $10,000 | $26,000 |
*State filed rates from 2016
If you're a physician working in Maryland and looking for medical malpractice insurance, reach out to MEDPLI. We work with doctors in most specialties. If you're a surgeon based in Baltimore, an OB/GYN in Gaithersburg, or an oncologist in Annapolis, we will help you obtain coverage from an A-rated carrier.
MEDPLI offers tail insurance, group coverage, private practice malpractice coverage, and more. See our Products & Services page to find out how we can help you.
Max Schloemann
About the Author:
Max Schloemann is a medical malpractice insurance broker, focused on helping physicians and surgeons secure Medical Professional Liability coverage. Max graduated Magna cum Laude from Southern Illinois University College of Business and was named the Outstanding Management Senior. Max’s career in medical malpractice insurance began in 2008 with an industry-leading firm. Max founded MEDPLI in 2017 to help private practice physicians and doctors changing jobs navigate the complexities of medical malpractice insurance in the new era of healthcare. Max’s wife, Kristen, a Physician Assistant, and their 4 kids enjoy spending time outdoors and going to the kids' sporting activities. If you have a question about medical malpractice insurance for your practice, you can contact Max here.
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