- Joined
- Jun 7, 2008
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Hey guys,
Is it normal for malpractice insurance to be higher if one works for a corporate practice vs. a private practice?
During my GPR the rep from Treloar & Heisel quoted me $50 (!) for the first year, then exponentially higher maxing out at about $4000/year after 5 years (through Medical Protective). However, now that I've accepted a position in a small local corporate practice, I was quoted $1730 premium my first year. I was told the reasoning for this is because I am working in a corporate office. Even though ultimately it's not that big of a difference, the huge increase is still hard to swallow.
Is it normal for malpractice insurance to be higher if one works for a corporate practice vs. a private practice?
During my GPR the rep from Treloar & Heisel quoted me $50 (!) for the first year, then exponentially higher maxing out at about $4000/year after 5 years (through Medical Protective). However, now that I've accepted a position in a small local corporate practice, I was quoted $1730 premium my first year. I was told the reasoning for this is because I am working in a corporate office. Even though ultimately it's not that big of a difference, the huge increase is still hard to swallow.
