Medical Economics collected data from physicians who responded to email invitations during the first quarter.
Here’s what you need to know on 2020 malpractice premiums:
Change in malpractice premiums from 2019-20:
- Increased: 22 percent
- Stayed the same: 61 percent
- Decreased: 6 percent
- Don’t know: 11 percent
Medium annual premiums for primary care physicians:
- Family medicine: $8,200
- Internal medicine: $10,200
Median annual premiums by gender:
- Men: $11,000
- Women: $8,300
Median annual premiums by geographic region:
- Northeast: $12,400
- South: $9,000
- Midwest: $11,400
- West: $10,200
Median annual premiums by years in practice:
- 10 or less: $11,600
- 11-20: $11,300
- 21-30: $11,700
- 31-40: $10,000
- 41 or more: $8,700
Median annual premiums by practice ownership:
- Practice owners: $10,500
- Non-owners: $10,300
