Frequently Asked Question:

Is medical malpractice insurance required by law?

Insurance Type
Related Industries
Healthcare Services
Related Coverages
Medical Malpractice

The Short Answer

Only a few states require it by statute. In practice, nearly every hospital, health system and many payers require it before you can work or bill.

The Full Answer

Most states don’t mandate malpractice insurance for physicians. A few require it outright or require participation in a state patient compensation fund, which comes with minimum coverage limits.

The bigger requirement is contractual. Hospitals require proof of coverage for privileges, usually at $1 million / $3 million. Many insurance networks and employers ask for the same. Going without coverage also puts your personal assets at risk in a lawsuit.

Check with your state medical board for current rules, and talk with your broker about what your hospitals and payers require.

Related Questions

If you’re covered under an employer’s policy, you may not need one. Many NPs and PAs buy an individual policy anyway for coverage outside work and protection the employer’s policy doesn’t give.

Usually, while you’re employed there and acting within your job duties. It typically does not cover moonlighting, volunteer work, or claims filed after you leave.

It depends mostly on your specialty and state. High-risk surgical specialties pay many times what primary care or psychiatry pays, and rates in some states run far above others.

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