The Ohio medical malpractice insurance market has gone through many ups and downs since the 1970s. Various tort reform measures have been passed by the Ohio Legislature four times over the last 30-40 years. It wasn’t until 2004 that the Ohio medical malpractice insurance market began to stabilize, however. Prior to 2004 premium rates were, at times, reaching all-time highs for physicians and surgeons. Some insurance carriers completely pulled out of the market while other remained but limited its policyholder to non-surgical specialties. Ohio has a relatively large market for physician and surgeon professional liability insurance with about $333,000,000 in available premium. Over the past several years we’ve seen multiple new insurance companies enter the Ohio market (thanks to the stabilization offered via tort reform) and other existing Ohio insurance companies become acquired by larger national physician insurers. Overall, there are a lot of new carrier names and with that comes increased competition. The largest insurer of Ohio physicians and surgeons is The Doctors Company—this comes via a 2010 acquisition of American Physicians Capital, Inc.—insuring approximately 22% of Ohio healthcare providers.
Ohio Tort Reform
It has taken over thirty years for the Ohio Legislature to pass tort reform measures that actually stick around. Four times since the mid-1970s has tort reform been overturned by the Ohio Supreme Court on the basis of constitutionality. Most recently, in 2004, the Ohio Senate passed Senate Bill 80. SB 80 includes various meaningful reforms such as caps on damages – non-economic and punitive – and an allowance for more extensive reviews of compensatory damage awards.
The non-economic damage cap has been set at $350,000 for medical liability cases; however, depending upon the severity of sustained injuries and the number of plaintiffs this cap could be allowed to rise to $1 Million.
Major Malpractice Insurance Companies
- The Doctors Company
- Medical Protective
- Applied Medico-Legal Solutions RRG
- Medicus Insurance Company
Ohio Medical Malpractice Insurance Rates - Top 15 Specialties
Undiscounted State Filed Rate Data averages across all territories for $1m / $3m limits
* Please note that the above rates are state filed rates. It is not
uncommon for Gallagher Healthcare clients to receive up to 50% or more in discounts
from state filed rates. Please Request a Quote to receive a custom premium indication.
|Specialty||Average Rate||Min Rate||Max Rate||Count
|Internal Medicine No Surgery||$14,010||$2,925||$25,636||4496
|Family Practice No Surgery||$12,883||$2,925||$22,678||4491
|Pediatrics No Surgery||$14,070||$6,488||$25,636||2260
|Radiology - Diagnostic||$19,419||$6,530||$30,115||1505
|Obstetrics and Gynecology Major Surgery||$70,037||$28,210||$105,033||1339
|Cardiovascular Disease Minor Surgery||$23,412||$10,121||$38,849||877
|Orthopedic Surgery No Spine||$39,311||$14,295||$63,309||849
|Ophthalmology No Surgery||$9,114||$3,950||$16,805||714
|Gastroenterology No Surgery||$16,746||$6,530||$35,496||622
|Pathology No Surgery||$13,668||$4,571||$25,636||553
Rate Range by Specialty
This chart compares the range of possible state filed medical malpractice premium rates by admitted markets and a few Gallagher Select markets broken out by the top 15 specialties in Ohio.
USA Ranking Map
The map below provides a visual display of the nation and compares what a typical primary care physician might pay compared to each individual state and county. This research is based on the average rate for a single specialty, the most common limits in that state, and the mature claims made premium. The darker the blue, the higher the average premium, see how Ohio compares to other states.