The ASA Committee on Professional Liability reports annually on trends in malpractice insurance for anesthesiologists. A majority of anesthesiologists purchase insurance from a medical liability insurance company, some have insurance provided by a hospital or health system that insures itself and its employees, and a few obtain insurance from a Risk Retention Group. Staff from the Anesthesia Closed Claims Project conducted a survey of Medical Liability Insurance Companies in May-July 2014 on the Committee’s behalf. The twenty-five U.S. companies which responded to the 2014 survey provide insurance to approximately 16,000 anesthesiologists throughout the United States. Information concerning costs of premiums, policy limits, premium differences between general anesthesiologists and anesthesiologists specializing in chronic pain management, as well as other trends in malpractice insurance were obtained.
Medical Liability Insurance Companies are physician-owned medical professional liability insurers formed to provide affordable insurance protection and minimize risk. They are licensed and regulated by each...
