How much do physicians pay per year for malpractice insurance?

Practice Management

Most physicians pay up to $7,000 per year for malpractice insurance, according to Physicians Practice's 2014 Physician Compensation Survey.

The survey includes responses from 1,338 physicians.

 

When asked how much they pay annually for malpractice insurance, respondents reported:

 

•    Up to $7,000 — 45.4 percent
•    More than $7,000 and less than $10,000 — 22.2 percent
•    More than $10,000 and less than $15,000 — 17.9 percent
•    More than $15,000 and less than $20,000 — 9.4 percent
•    More than $20,000 — 5.1 percent

More articles on practice management:

Top 5 states with highest number of certified PAs
7 changes in physician income from 2013 to 2014
Employee appreciation: 10 ways to show they are valued

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Webinars

Featured Whitepapers