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No.
Mandatory Medical Malpractice Insurance?No, No state mandates that a Doctor carry malpractice insurance nor any kind of insurance at all related to their profession. Recent polls as of 2009 indicate that as much as 60 percent of private practitioners no longer purchase Medical Malpractice Coverage due to the high cost. Other AnswersI do believe that medical malpractice is required in every state for doctors, but you should check with the governing body of your state to verify. Even if it is not required, it is highly recommended due to the enormous liability you face when providing this type of service.
No, there is currently no law anywhere in the United States I am aware of nor any state therein that requires doctors, attorneys or dentists to carry malpractice insurance. It is totally up to the that professional whether or not to carry malpractice insurance and what limits they may or may not desire to carry.
It is not "required", however, one will be personally liable without an insurer/insurance company covering the costs associated with losses and malpractice actions. The State Bar of Michigan asks each lawyer whether or not s/he has malpractice insurance annually at the time of renewing membership. Michigan has a mandatory bar association. I believe there is a state fund available for malpractice issues. Hope this helps, MI Attorney
The cost of medical malpractice insurance varies greatly depending on numerous factors. Those factors include, but are not limited to:1. State where you practice (each State's Department of Insurance regulates insurance rates, from which premiums are derived)2. Prior claim history3. Type of procedures practiced4. How long you've been practicing5. The nature of the tort system in the state, such as whether there exist medical malpractice award caps.This would need to be answered by an agent, there are so many variables considered.
Typically, the state medical board or licensing agency has the authority to revoke a physician's license. This action is usually taken when the physician is found guilty of professional misconduct or malpractice.
It varies by state but base rates are 28k to upwards of 50k.
New Jesey
Currently the state of New Jersey has the highest auto insurance rates.
I have found that State Farm has the some of the highest quality insurance. State Farm is not always the cheapest however. It is normally quite expensive.
The highest rated car insurance companies in California are the major companies. This includes Allstate and State Farm car insurance companies.
The state of New York has the most cases of legal malpractice. New York has more attorneys than any other state at 20.5 lawyers per 10,000 population. Washington, DC has 267.7 lawyers per 10,000 population.