Orthopedic Surgeon Malpractice Insurance | Get A Quote

Malpractice Insurance for Orthopedic Surgeons GET QUOTEhttps://medpli.com/wp-content/uploads/2020/09/orthopedic-surgeon.jpg Medical Malpractice Insurance Solutions for Orthopedic Surgeons Orthopedic surgery is a high-risk specialty, making it subject to a high amount of malpractice claims. A Medscape survey from 2017 found that 76% of orthopedists surveyed had been sued at least once Independent studies have found that orthopedic surgeons have one of the highest rates of medical malpractice claims filed against them Because of this risk, orthopedic surgeons tend to have high rates for medical malpractice insurance, but there are multiple factors that impact the cost If you are an orthopedic surgeon in need of medical liability insurance, contact MEDPLI. We work with A-rated carriers that provide robust protection for their policyholders, and we can save you up to 28% on your rates. Get Quote Medical Malpractice Insurance Rates for Orthopedic Surgeons COVID-19 halted many elective and non-emergency orthopedic surgeries, impacting orthopedists’ earning ability. At the same time, malpractice rates have started trending upwards. Now is a good time for orthopedic surgeons to re-evaluate their current malpractice insurance program with a broker to ensure they have the right coverage at the lowest available rates. Rates for medical malpractice insurance for orthopedic surgeons are heavily affected by the physician’s claims history. If a doctor has had multiple claims filed against them, it will likely double the cost of their insurance rates. Rates are also impacted by the physician’s location. See below for average rates by location for orthopedists. 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. City State Premium Estimate Limits of Liability Birmingham AL $25,000 $1,000,000/$3,000,000 Little Rock AR $25,000 $1,000,000/$3,000,000 Phoenix AZ $35,000 $1,000,000/$3,000,000 Los Angeles CA $25,000 $1,000,000/$3,000,000 Denver CO $40,000 $1,000,000/$3,000,000 Bridgeport CT $35,000 $1,000,000/$4,000,000 Wilmington DE $40,000 $1,000,000/$3,000,000 Washington DC $65,000 $1,000,000/$3,000,000 Miami FL* $60,000 $1,000,000/$3,000,000 Miami FL* $45,000 $250,000/$750,000 Atlanta GA $35,000 $1,000,000/$3,000,000 Honolulu HI $40,000 $1,000,000/$3,000,000 Des Moines IA $20,000 $1,000,000/$3,000,000 Boise ID $15,000 $1,000,000/$3,000,000 Chicago IL $75,000 $1,000,000/$3,000,000 Wichita KS $20,000 + KS HCSF $200,000/$600,000 Louisville KY $30,000 $1,000,000/$3,000,000 Indianapolis IN $20,000 + IN PCF $250,000/$750,000 New Orleans LA $20,000 + LA PCF $100,000/$300,000 Boston MA $35,000 $1,000,000/$3,000,000 Baltimore MD $50,000 $1,000,000/$3,000,000 Portland ME $25,000 $1,000,000/$3,000,000 Detroit MI $50,000 $1,000,000/$3,000,000 St. Louis MO $40,000 $1,000,000/$3,000,000 Minneapolis MN $15,000 $1,000,000/$3,000,000 Jackson MS $45,000 $1,000,000/$3,000,000 Billings MT $50,000 $1,000,000/$3,000,000 Charlotte NC $25,000 $1,000,000/$3,000,000 Fargo ND $15,000 $1,000,000/$3,000,000 Omaha NE $15,000 $1,000,000/$3,000,000 Manchester NH $40,000 $1,000,000/$3,000,000 Albuquerque NM $25,000 + NM PCF $200,000/600,000 (Only Occurrence; no Claims-Made coverage) Newark NJ $45,000 $1,000,000/$3,000,000 Las Vegas NV $40,000 $1,000,000/$3,000,000 Manhattan, NY NY $115,000 $1,300,000/$3,900,000 Columbus OH $40,000 $1,000,000/$3,000,000 Oklahoma City OK $35,000 $1,000,000/$3,000,000 Portland OR $20,000 $1,000,000/$3,000,000 Philadelphia PA $40,000 + MCARE $500,000/$1,500,000 Providence RI $30,000 $1,000,000/$3,000,000 Charleston SC $30,000 $1,000,000/$3,000,000 Sioux Falls SD $15,000 $1,000,000/$3,000,000 Nashville TN $30,000 $1,000,000/$3,000,000 Houston TX* $20,000 $200,000/$600,000 Houston TX* $30,000 $1,000,000/$3,000,000 Salt Lake City UT $30,000 $1,000,000/$3,000,000 Burlington VT $20,000 $1,000,000/$3,000,000 Seattle WA $30,000 $1,000,000/$3,000,000 Virginia Beach VA $30,000 $2,450,000/$7,350,000 Milwaukee WI $15,000 + PCF $1,000,000/$3,000,000 Charleston WV $50,000 $1,000,000/$3,000,000 Cheyenne WY $40,000 $1,000,000/$3,000,000 *These states offer limit options Why Orthopedic Surgeons need Medical Malpractice Insurance A previously noted, orthopedic surgery is one of the most frequently sued specialties. Orthopedists tend to be sued for: Abnormal injury – this can include surgeries targeting the wrong spine level, errors during hip or knee replacement, nerve damage caused by surgery, and more Failure to diagnose Failure to treat Improperly obtained or unobtained informed consent Poor documentation of patient instruction and education Additionally, orthopedic surgeons tend to be men, and men have a higher rate of being targeted with medical malpractice lawsuits. Though many states have caps on non-economic damages, most states do not have a cap on economic costs caused by the injury. Doctors also must consider the cost of hiring a lawyer when a malpractice case is brought against them. Because orthopedists have a high potential of being sued, it is important they carry robust medical malpractice insurance from A-rated carriers. An A-rated carrier (rated by A.M. Best) will be able to cover: Economic and non-economic damages awarded to the plaintiff Attorney’s fees Though many (not all) states have no legal requirement for orthopedic surgeons to carry medical malpractice insurance, most hospitals require it if you want admitting privileges. GET QUOTE Get a fast quote for orthopedic surgeon medical malpractice insurance.