Malpractice Insurance
Started by eyrobinson
Andrew_Doan
Ophthalmology, Aerospace Medicine, Eye Pathology
Moderator Emeritus
Lifetime Donor
20+ Year Member
Depending on where you practice (state) and what you do (experience + volume). For general ophthalmologists it can range from $15,000 - $40,000+ a year.
Here is an old article on malpractice and how much it varied in cost by region. In 1986, ophthalmologists were paying on average $9423/year.
Keep in mind that high volume surgeons can pay higher rates than their colleagues.
An interesting article in EyeNet:
http://www.aao.org/publications/eyenet/200711/feature3.cfm
Contact OMIC for a free quote: http://www.omic.com/
Here is an old article on malpractice and how much it varied in cost by region. In 1986, ophthalmologists were paying on average $9423/year.
Keep in mind that high volume surgeons can pay higher rates than their colleagues.
An interesting article in EyeNet:
http://www.aao.org/publications/eyenet/200711/feature3.cfm
Contact OMIC for a free quote: http://www.omic.com/
Andrew_Doan
Ophthalmology, Aerospace Medicine, Eye Pathology
Moderator Emeritus
Lifetime Donor
20+ Year Member
I called OMIC today. Rates have dropped recently.
For Southern California, $1/$3 million coverage for a general ophthalmologist doing Class 3 surgery (i.e. cataract surgery, intraocular surgery, and all Class 2, Class1, and medical ophthalmology) - refractive and plastic procedures excluded and results in higher rates are:
Year 1: $5003
Year 2: $8018
Year 3: $9646
Year 4: $10,129
Year 5 (max rate): $11,034
For Southern California, $1/$3 million coverage for a general ophthalmologist doing Class 3 surgery (i.e. cataract surgery, intraocular surgery, and all Class 2, Class1, and medical ophthalmology) - refractive and plastic procedures excluded and results in higher rates are:
Year 1: $5003
Year 2: $8018
Year 3: $9646
Year 4: $10,129
Year 5 (max rate): $11,034
