Wednesday, September 4, 2013

Florida's Medical Liability Insurance Costs are the Highest In the Nation


Florida is one of a few states without tort reform or settlement limits – and (thus) has high numbers of malpractice claims and payouts. Florida had 770 paid medical malpractice settlements in 2009, compared with the national average of 180iii. (Source -2011 Report by Council of Medical School Deans) 

The result is that the state’s medical liability premiums are by far the highest in the nation. The average primary care physician in Florida now pays $41,946 for liability insurance; the national average is $16,042. The average specialist in Florida pays $171,231 for liability insurance; the national average is $65,489. (Source http://articles.orlandosentinel.com/2011-03-11/news/os-ed-florida-medical-liability-0311120110310_1_physicians-medical-liability-primary-careThe article is written by the President of the FMA.)

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