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Colorado Medical Malpractice History
Prior to the Health Care Availability Act (HCAA) of 1988, Colorado physicians were
experiencing extremely high premiums causing them to relocate. With a shortage of
high-risk specialty doctors, citizens of Colorado recognized the need for change
to rebuild their healthcare system.
In 1988, the HCAA was established to place a cap on damages awarded in malpractice
cases. The cap placed on non-economic damages is set at $250,000, with an aggregate
payout of no more than $1,000,000. Punitive damages may not exceed the amount of
actual damages awarded. However, the courts may increase punitive damages up to
three times the amount of actual damages for defendants who show continued behavior
of the disputed action in a willful manner. Other procedures have been put in place
to ensure disposal of frivolous claims.
Summary of Colorado Medical Malpractice
As of July 1, 2010, physicians practicing are required by state law to carry a minimum
indemnity amount of $1,000,000 per incident with a $3,000,000 aggregate limit.
Insurance Companies in Colorado Include:
- Colorado Physicians Insurance Company
- The Doctor’s Company
- Medical Protective Company
- ProAssurance Company, Inc.
- Capson Physicians Insurance
Colorado Malpractice Insurance Rates - Top 15 Specialties
Undiscounted State Filed Rate Data averages across all territories for $1m/ $3m
limits
| Specialty | Average Rate | Min Rate | Max Rate | Count |
| Family Practice No Surgery | $14,189 | $10,352 | $19,098 | 2174 |
| Internal Medicine No Surgery | $14,675 | $11,372 | $19,098 | 1451 |
| Emergency Medicine | $33,677 | $26,838 | $52,393 | 841 |
| Pediatrics No Surgery | $14,559 | $11,508 | $19,098 | 794 |
| Anesthesiology | $18,832 | $15,105 | $23,792 | 752 |
| Psychiatry | $8,837 | $4,483 | $19,098 | 599 |
| Obstetrics and Gynecology Major Surgery | $63,082 | $44,422 | $89,700 | 577 |
| Radiology No Surgery | $20,251 | $15,105 | $27,307 | 436 |
| Occupational Medicine | $8,972 | $3,980 | $19,098 | 385 |
| Orthopedic Surgery No Spine | $43,395 | $28,338 | $50,232 | 370 |
| General Surgery | $50,860 | $44,422 | $59,822 | 351 |
| General Practice No Surgery | $14,189 | $10,352 | $19,098 | 283 |
| Ophthalmology No Surgery | $7,599 | $4,337 | $14,352 | 269 |
| Cardiovascular Disease Minor Surgery | $21,613 | $19,170 | $26,498 | 209 |
| Gastroenterology No Surgery | $14,673 | $10,007 | $19,098 | 201 |
* Please note that the above rates are state the state filed rates. It is not
uncommon for Gallagher Healthcare clients to receive up to 50% or more discounts
from state filed rates. Please complete the Request a Guote form a the top of this
page to recieve a custom premium indication.
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