Malpractice Costs

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From what I've heard it's pretty low, somewhere around $15,000. That?s a lot better than some docs paying $100,000+.
 
more like 45 to 85K - depending on what state and what kind of coverage you get... no offense, but MechE's numbers are drawn from a hat...
 
From the group I worked with in NYC, they were paying $15-20K...these guys had 10+ yr experience w/o any suits.
 
they probably were paying 15k while the group paid the rest of the premium as part of their contract
 
Tenesma,

MechE and UNEOSTEO were pretty close. Perhaps you should check your sources a little better. Here's what I found in about 45 seconds:

"This spring the ASA Committee on Professional Liability again conducted a survey of 46 medical liability insurance carriers to assess rate changes and market trends in 2004. We compared 2004 premiums to similar surveys in 2002 and 2003.4,5 The average premium for anesthesiologists in 2004 was $20,611 (range = $3,958 to $62,400) compared to $15,476 (range = $4,855 to $58,089) in 2002, representing a 33-percent increase [Figure 1]. The premiums are highly variable, however, with markedly high premiums for anesthesiologists with prior history of a lawsuit, performance of higher-risk procedures (e.g., invasive pain management, office-based surgery), and for those practicing in localities with high liability risk. Mean premiums were fairly similar in 2003 and 2004, although some states experienced increases of more than 40 percent (Alabama, Colorado, Maryland, Missouri, New Hampshire and Oklahoma). In 2002, five states had average premiums of greater than $20,000, while 22 states had average premiums of more than $20,000 in 2004. The highest average premiums (>$30,000) during 2004 were found in Florida, Illinois, Michigan, Ohio and West Virginia, with premiums in Florida leading the nation. Rate increases have been particularly severe when insurance carriers have withdrawn from the market in the state."

ASA Newsletter, June 2004, Volume 68, Number 6.

http://www.asahq.org/Newsletters/2004/06_04/domino06_04.html
 
Point-serve-match-----> Babulus. Sorry Tenesmus :laugh:
 
Is there a listing somewhere regarding the average costs that each state charges for medical malpractice in anesthesia (a comparison of each state's premiums)?

Thanks!
 
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