Malpractice lawsuits are rising — here’s how physicians can protect themselves
03/14/25 at 03:00 AM
Malpractice lawsuits are rising — here’s how physicians can protect themselves
Becker's ASC Review; by Patsy Newitt; 3/11/25
Medical malpractice insurance is essential for protecting physicians from financial and legal risks, particularly amid the rise in malpractice lawsuits, according to a March 5 article on Physicians Thrive’s website. In 2023, malpractice verdicts hit a record high. There were 57 medical malpractice verdicts of $10 million or more, with more than half of those verdicts hitting $25 million. Here are nine things to know from the Physician’s Thrive article.
- Approximately 1 in 3 doctors will face a malpractice claim at some point in their career, ...
- There are two main types of malpractice insurance: claims-made and occurrence-based policies, ...
- Tail and nose coverage are additional considerations for physicians switching insurance policies
- On average, physicians pay around $7,500 per year for coverage, ...
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