I?ve heard that for anesthesiologists malpractice insurance can be toward the higher end for physicians in general. I?m curious to know how this factors into the question of salary. I know very little about malpractice insurance ? is it analogous to car insurance insofar as individual risk factors raise premiums? For example, is insurance more costly for the younger, less-experienced physician involved with higher-risk procedures? I?m sure the answer is ?yes? but perhaps what I?m curious about more specifically is how drastically these features affect insurance rates...are there people that avoid certain higher risk areas of practice altogether or try and limit the volume of cases to a certain threshold to avoid drastically high rates? Or is insurance figured more generally ? absorbed and shared by the members of a group practice as a whole?
Thanks for any comments.
-Krony