Internist Medical Malpractice Insurance GET QUOTEhttps://medpli.com/wp-content/uploads/2021/05/Hospitalist-With-Medical-Malpractice-Insurance-Caring-For-An-Older-Patient-In-The-Hospital.jpg Internists care for the whole patient - let MEDPLI take care of your medical malpractice insurance. Internists are equipped to deal with a variety of complex problems - finding the right medical malpractice insurance policy shouldn't have to be one of them. Luckily, internal medicine physicians tend to pay lower premiums for medical malpractice insurance than most other providers. The right medical malpractice insurance from an A-rated carrier is the surest way to protect yourself from lawsuit damages, attorney fees, and more. Contact us today to learn more about the different types of policies available or to get a quote for your internist medical malpractice insurance. Get Quote Internist Medical Malpractice Insurance Rates Rates for internist medical malpractice insurance can vary widely by a number of factors, including location, type of procedures performed, previous claims history and more. Mature claims-made estimates below are for informational purposes only. Occurrence coverage may be available. To get your personalized rate estimate, please request a quote. State City Premium Estimate Limits of Liability AL Birmingham $8,000 $1,000,000/$3,000,000 AR Little Rock $8,000 $1,000,000/$3,000,000 AZ Phoenix $12,000 $1,000,000/$3,000,000 CA Los Angeles $7,000 $1,000,000/$3,000,000 CO Denver $10,000 $1,000,000/$3,000,000 CT Bridgeport $12,000 $1,000,000/$4,000,000 DE Wilmington $12,000 $1,000,000/$3,000,000 DC Washington DC $18,000 $1,000,000/$3,000,000 FL* Miami $25,000 $1,000,000/$3,000,000 FL* Miami $18,000 $250,000/$750,000 GA Atlanta $10,000 $1,000,000/$3,000,000 HI Honolulu $10,000 $1,000,000/$3,000,000 IA Des Moines $7,000 $1,000,000/$3,000,000 ID Boise $7,000 $1,000,000/$3,000,000 IL Chicago $20,000 $1,000,000/$3,000,000 KS Wichita $7,000 + KS HCSF $200,000/$600,000 KY Louisville $10,000 $1,000,000/$3,000,000 IN Indianapolis $8,000 + IN PCF $250,000/$750,000 LA New Orleans $8,000 + LA PCF $1,000,000/$3,000,000 MA Boston $12,000 $1,000,000/$3,000,000 MD Baltimore $9,000 $1,000,000/$3,000,000 ME Portland $8,000 $1,000,000/$3,000,000 MI Detroit $17,000 $1,000,000/$3,000,000 MO St. Louis $10,000 $1,000,000/$3,000,000 MN Minneapolis $7,000 $1,000,000/$3,000,000 MS Jackson $10,000 $1,000,000/$3,000,000 MT Billings $10,000 $1,000,000/$3,000,000 NC Charlotte $5,000 $1,000,000/$3,000,000 ND Fargo $5,000 $1,000,000/$3,000,000 NE Omaha $8,000 $1,000,000/$3,000,000 NH Manchester $15,000 $1,000,000/$3,000,000 NM** Albuquerque $15,000 + NM PCF $200,000/600,000 NJ Newark $15,000 $1,000,000/$3,000,000 NV Las Vegas $15,000 $1,000,000/$3,000,000 NY Manhattan, NY $35,000 $1,300,000/$3,900,000 OH Columbus $10,000 $1,000,000/$3,000,000 OK Oklahoma City $8,000 $1,000,000/$3,000,000 OR Portland $8,000 $1,000,000/$3,000,000 PA Philadelphia $15,000 + MCARE $500,000/$1,500,000 RI Providence $8,000 $1,000,000/$3,000,000 SC Charleston $7,000 $1,000,000/$3,000,000 SD Sioux Falls $5,000 $1,000,000/$3,000,000 TN Nashville $7,000 $1,000,000/$3,000,000 TX* Houston $7,000 $200,000/$600,000 TX* Houston $10,000 $1,000,000/$3,000,000 UT Salt Lake City $7,000 $1,000,000/$3,000,000 VA Virginia Beach $10,000 $2,500,000/$7,500,000 VT Burlington $7,000 $1,000,000/$3,000,000 WA Seattle $7,000 $1,000,000/$3,000,000 WI Milwaukee $7,000 + PCF $1,000,000/$3,000,000 WV Charleston $10,000 $1,000,000/$3,000,000 WY Cheyenne $10,000 $1,000,000/$3,000,000 *These states offer limit options ** Only Occurrence; no Claims-Made coverage Why Internal Medicine Doctors Need Medical Malpractice Insurance All physicians are at risk of experiencing a medical malpractice claim. While the likelihood of facing a lawsuit is low for internists, research shows that they tend to be sued for: Missed, delayed, or incorrect diagnosis Diagnosis-related claims are commonly related to myocardial infarction (MI), lung, colorectal, prostate, and breast cancer, cancer, acute cerebrovascular accident, and pulmonary embolism. Medical treatment allegations Commonly related to failure or delay in obtaining a consult or referral, failure or delay in ordering diagnostic tests, failure to consider available clinical information, and inadequate communication among healthcare professionals about the patient’s condition. Improper medication management Including failure to appropriately monitor anticoagulants, failure to address medication side effects, and failure to identify drug interactions. If you should have to face a malpractice lawsuit, medical malpractice insurance is well worth the expense. The right medical malpractice insurance will protect you from multiple factors in the event of a lawsuit. These are: Monetary damages awarded to the plaintiff Attorney’s fees Even if you win your lawsuit or the claim gets dismissed, internists without malpractice insurance can expect to pay tens of thousands of dollars to defend themselves against a claim. How Internists Can Reduce The Risk of a Medical Malpractice Lawsuit In 2019, over half of internists surveyed said they had been named in a lawsuit at least once. Internists need to ensure that they are doing everything they can to minimize their risk of a malpractice lawsuit. Internal medicine doctors can take the following actions to help reduce their risk of a lawsuit: Documentation Accurately diagnosing a patient can be especially challenging for primary care doctors because of the wide range of medical problems they encounter. In the event of a lawsuit, internal medicine doctors need to recall the details and thought processes behind the treatments they provided, and thorough documentation that is completed during or immediately after the patient visit is key to recreating the circumstances of care. Communication How doctors communicate with their patients has a tremendous impact on the likelihood of whether or not they’ll be sued. Doctors who take the time to explain and educate, truly listen to their patients’ concerns, and apologize when they’ve made a mistake are sued less often. Referral and Follow Up Primary care doctors can face legal trouble if they fail to make referrals when they are warranted. When a primary care physician does make a referral, robust patient follow up and excruciatingly thorough documentation of that follow up is an absolute must when it comes to proving due diligence Medical Malpractice Insurance Challenges for Internal Medicine Doctors Burnout Only 62% of internal medicine doctors surveyed said they would choose to go into internal medicine again, and data shows that since 2011, the number of physicians who have entered into primary care positions has been on the decline. Physician burnout and fatigue are associated with an increase in medical errors, leaving both internal medicine doctors and patients at risk. Rising Insurance Premiums Across the board, insurance premiums are rising for medical professionals of all specialties, and the same can be predicted for internal medicine doctors. In general, doctors’ medical malpractice insurance rates are on the rise as a result of increasing healthcare liability defense costs and larger indemnity payments. 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