OB/Gyn Malpractice Insurance
Obstetrician/Gynecologists (OB/Gyns) pay among the highest premiums for medical professional liability insurance coverage in all of medicine. An OB/Gyn who practices in a major metropolitan area can expect to pay an annual premium in the neighborhood of $100,000 to $200,000, and this burdensome cost of doing business—coupled with an omnipresent fear of lawsuits—has influenced many to see fewer high-risk obstetric patients, reduce the number of gynecological surgeries they perform, exit private practice in favor of hospital employment or move their practice to an area with a more favorable liability climate. Our historic med-mal rates shows the cost that an OB/Gyn pays for their insurance in every state.
But there have been some major improvements to the liability climate for OB/Gyns during the last decade. Claims frequency is at an all-time low, the average cost of all paid obstetric claims has decreased and the average indemnity payment for a neurologically impaired infant has shrank by 11 percent. According to statistics from the Medical Liability Monitor’s Annual Rate Survey, the cost of medical malpractice insurance for OB/Gyns has been on a downward trend since 2003.
Now is the time for OB/Gyns to take advantage of the improving medical liability climate. Let our team of seasoned insurance professionals shop your coverage among the nation’s top medical malpractice insurance companies so that you know you are getting the best coverage at the most affordable price. We have saved thousands of OB/Gyns money on their professional liability needs. Let us do the same for you. Request your free malpractice insurance quote today.
Click here to view some of the testimonials other OB/Gyns have made on behalf of the Cunningham Group.
Resources for OB/Gyns
Obstetrics & Gynecology (journal)
American Congress of Obstetricians and Gynecologists
Obstetrics & Gynecology Articles – Medscape
American Journal of Obstetrics & Gynecology
Central Association of Obstetricians and Gynecologists
American Board of Obstetrics and Gynecology
Association of Professors of Gynecology and Obstetrics
North American Society for Psychosocial Obstetrics and Gynecology
Ultrasound in Obstetrics & Gynecology