Cardiologist Malpractice Insurance | Get a Quote

Cardiologist Medical Malpractice Insurance GET QUOTEhttps://medpli.com/wp-content/uploads/2021/04/A-Male-Cardiologist-With-Medical-Malpractice-Insurance-Using-A-Stethescope-To-Listen-To-A-Female-Patients-Heart.jpg Cardiologists deliver a wide variety of care and need customized medical malpractice insurance solutions that consider their practice’s diversity. Interventional cardiologists, electrophysiologists, and other cardiac specialists are more likely to face a lawsuit than many other types of doctors. A recent Medscape study on cardiology malpractice claims reported that 65% of cardiologists have been named as a defendant in a malpractice lawsuit Nearly half of cardiologists reported being sued more than one time. The average payout for cardiology malpractice verdicts in favor of the plaintiff from 2010 to 2015 was $2,266,745.50. The surest way to protect yourself from lawsuit damages and attorney fees is by maintaining comprehensive medical malpractice insurance from an A-rated carrier. MEDPLI helps cardiologists save up to 28% on their insurance premiums. Contact us today to get a quote for your cardiologist medical malpractice insurance. Get Quote Cardiologist Medical Malpractice Insurance Rates All cardiologists should review their policy with a qualified insurance broker to ensure that the correct medical malpractice coverage is in place for invasive, noninvasive, and/or interventional cardiology services. Rates for cardiologist medical malpractice insurance vary widely by location and every practice is unique. Mature claims-made estimates below are for informational purposes only. Occurrence coverage may be available. Request a quote from MEDPLI today to explore occurrence and claims coverage options. State City Premium Estimate Limits of Liability AL Birmingham $20,000 $1,000,000/$3,000,000 AR Little Rock $20,000 $1,000,000/$3,000,000 AZ Phoenix $25,000 $1,000,000/$3,000,000 CA Los Angeles $20,000 $1,000,000/$3,000,000 CO Denver $25,000 $1,000,000/$3,000,000 CT Bridgeport $25,000 $1,000,000/$4,000,000 DE Wilmington $25,000 $1,000,000/$3,000,000 DC Washington DC $35,000 $1,000,000/$3,000,000 FL* Miami $40,000 $1,000,000/$3,000,000 FL* Miami $30,000 $250,000/$750,000 GA Atlanta $25,000 $1,000,000/$3,000,000 HI Honolulu $25,000 $1,000,000/$3,000,000 IA Des Moines $20,000 $1,000,000/$3,000,000 ID Boise $20,000 $1,000,000/$3,000,000 IL Chicago $40,000 $1,000,000/$3,000,000 KS Wichita $20,000 + KS HCSF $200,000/$600,000 KY Louisville $25,000 $1,000,000/$3,000,000 IN Indianapolis $20,000 + IN PCF $250,000/$750,000 LA New Orleans $20,000 + LA PCF $1,000,000/$3,000,000 MA Boston $25,000 $1,000,000/$3,000,000 MD Baltimore $30,000 $1,000,000/$3,000,000 ME Portland $20,000 $1,000,000/$3,000,000 MI Detroit $30,000 $1,000,000/$3,000,000 MO St. Louis $25,000 $1,000,000/$3,000,000 MN Minneapolis $20,000 $1,000,000/$3,000,000 MS Jackson $25,000 $1,000,000/$3,000,000 MT Billings $25,000 $1,000,000/$3,000,000 NC Charlotte $15,000 $1,000,000/$3,000,000 ND Fargo $15,000 $1,000,000/$3,000,000 NE Omaha $20,000 $1,000,000/$3,000,000 NH Manchester $30,000 $1,000,000/$3,000,000 NM** Albuquerque $30,000 + NM PCF $200,000/600,000 NJ Newark $30,000 $1,000,000/$3,000,000 NV Las Vegas $30,000 $1,000,000/$3,000,000 NY Manhattan, NY $55,000 $1,300,000/$3,900,000 OH Columbus $25,000 $1,000,000/$3,000,000 OK Oklahoma City $20,000 $1,000,000/$3,000,000 OR Portland $20,000 $1,000,000/$3,000,000 PA Philadelphia $30,000 + MCARE $500,000/$1,500,000 RI Providence $20,000 $1,000,000/$3,000,000 SC Charleston $20,000 $1,000,000/$3,000,000 SD Sioux Falls $15,000 $1,000,000/$3,000,000 TN Nashville $20,000 $1,000,000/$3,000,000 TX* Houston $20,000 $200,000/$600,000 TX* Houston $25,000 $1,000,000/$3,000,000 UT Salt Lake City $20,000 $1,000,000/$3,000,000 VA Virginia Beach $25,000 $2,500,000/$7,500,000 VT Burlington $20,000 $1,000,000/$3,000,000 WA Seattle $20,000 $1,000,000/$3,000,000 WI Milwaukee $20,000 + PCF $1,000,000/$3,000,000 WV Charleston $25,000 $1,000,000/$3,000,000 WY Cheyenne $25,000 $1,000,000/$3,000,000 *These states offer limit options ** Only Occurrence; no Claims-Made coverage Why Cardiologists Need Medical Malpractice Insurance Because of the diversity of the specialty, common cardiology malpractice claims include both diagnostic and procedural allegations. Cardiologists tend to be sued for: wrongful death complications from treatment/surgery failure to diagnose/delayed diagnosis poor outcome/disease progression failure to treat/delayed treatment abnormal injury medication errors poor documentation According to a Medscape survey from 2019, cardiologists involved in a malpractice lawsuit reported that it took between 1-5 years to fully resolve the claim. When asked what they would do differently in the future, the top two responses cited were: better documentation spending more time with the patient and their family The right medical malpractice insurance will ensure that you and your practice are protected from numerous factors in the event of a malpractice claim. These are: Monetary damages awarded to the plaintiff Attorney’s fees Many states require cardiologists to carry malpractice insurance, but not all. Most hospitals require it if you want admitting privileges. GET QUOTE Get a fast quote for cardiologist medical malpractice insurance.