Malpractice Rates for Obstetrics/Gynecology 20032004
Nov.Dec. 2005
States Where Rates Are Highest
|
State
|
2003
|
2004
|
Increase
|
| Florida (Dade) |
$249,196 |
$277,241 |
11.30% |
| Illinois (Cook) |
$138,031 |
$230,428 |
66.90% |
| Michigan (Wayne) |
$163,807 |
$193,819 |
18.30% |
| Pennsylvania (Philadelphia) |
$128,114 |
$172,178 |
34.40% |
| Texas (Cameron, Hidalgo) |
$136,020 |
$165,054 |
21.30% |
| Ranking is by state and based on the highest rate reported in each state for each specialty. |
States Where Rates Are Lowest
|
| State |
2003 |
2004 |
Increase |
| Nebraska |
$16,194 |
$16,194 |
0.00% |
| South Dakota |
$14,662 |
$17,638 |
20.30% |
| Idaho |
$19,320 |
$19,320 |
0.00% |
| Minnesota |
$18,307 |
$19,630 |
7.20% |
| Wisconsin |
$23,677 |
$23,677 |
0.00% |
| Ranking is by state and based on the highest rate reported in each state for each specialty. |
Rate Comparison for Top Five States in Market Share
|
| State |
Territory |
Internal Medicine |
OB/GYN |
| California |
Los Angeles
|
$20,283 |
$89,953 |
| Florida |
Dade
|
$69,310 |
$277,241 |
| Illinois |
Cook
|
$58,541 |
$230,428 |
| New York |
Nassau, Suffolk Cos.
|
$25,091 |
$146,615 |
| Texas |
Cameron, Hidalgo Cos.
|
$36,018 |
$165,054 |
| These states represented almost 40 percent of the physicians liability insurance market. For comparison, rates selected are the highest in each state. |
Source: Medical Liability Monitor, October 2004, Vol. 29, No. 10.
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