Malpractice premiums varied throughout the nation based on factors including specialty and patient volume in 2016, according to Medical Economics' "88th annual Physician Report."
Here are 10 key points:
1. Compared to 2015, 12 percent of physicians had an increase in malpractice premiums in 2016.
2. Fifty-two percent said premiums were stagnant.
3. In 2016, 6 percent of those polled said malpractice premiums fell compared to the year prior.
4. Twenty-nine percent said they were unsure if malpractice premiums rose or fell.
5. Cardiologists had an average malpractice premium of $18,700 in 2016.
6. Internal medicine physicians had a $12,600 malpractice premium last year.
7. By U.S. region, the Northeast had the highest average malpractice premium of $15,700 in 2016.
8. Physicians in practices of more than 50 providers had an average malpractice premium of $15,000 in 2016.
9. Solo practitioners had a $12,800 average malpractice premium that year.
10. Physicians with fewer than 25 patients had a $10,001 average malpractice premium while physicians with upwards of 200 patients had a $14,400 average monthly premium in 2016.