Medical malpractice insurance rates in Oregon have been slowly but steadily decreasing since 2008 despite a small increase in claim severity. The absence of tort reform in the state has allowed Oregon to stand as the 11th most likely state for claims to exceed $1,000,000, with 7.8% of claims paid in Oregon in 2011 exceeding that amount. However, in todayâ€™s soft market and given the states favorable loss ratio overall (45.29% in 2012), medical malpractice insurance premiums in Oregon remain competitive.
- $71.6M In premium written
- $32.8M in losses
- 45.29% loss ratio
Top 5 Carriers in Oregon for Medical Malpractice Insurance
(By 2012 Market Share)
- Continental Casualty Company (34.96%)
- The Doctors Company (33.15%)
- Physicians Insurance (6.75%)
- Medical Protective Company (5.53%)
- Washington Casualty Company (3.39%)
Patient Compensation Fund:
None. Director of Department of Consumer and Business Services authorized to create a liability fund, but this authority has not been exercised.
Statute of Limitations:
2 years from discovery or from the time reasonable care should have led to discovery. 3 years for wrongful death.
Modified Comparative Negligence:
If a claimantâ€™s fault is determined to be greater than that of all defendants and settled parties combined, the claimantâ€™s action is barred. Additionally, a plaintiffâ€™s recovery is reduced by the percentage of their fault.
Limited Joint and Several Liability:
Defendants are proportionally liable according to percentage of fault for damages awarded.
Oregon allows a facility to be held liable for the negligence of an independent contractor under the theory of apparent agency.
None. However, punitive damages cannot be awarded against individual healthcare practitioners, excluding facilities, as defined by law.
Limitation on Attorneyâ€™s Fees:
None except for a limitation to 20% of punitive damages.
Medical Malpractice Insurance Rates By Specialty (Top 15)
Rates depend greatly on specialty. Physicians offering high-risk care, such as surgeons, have higher rates than doctors in lower-risk areas. Prices will vary, though, based on your claim history and location in addition to your specialty. Always talk to an insurance expert to get a more specific quote for your malpractice insurance.
Below are 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
|Family Practice No Surgery||$6,858||$3,835||$8,824||1802
|Internal Medicine No Surgery||$7,239||$4,534||$8,824||1560
|Pediatrics No Surgery||$7,610||$5,667||$8,891||525
|Obstetrics and Gynecology Major Surgery||$35,164||$24,639||$44,120||429
|Radiology - Diagnostic||$11,181||$7,146||$15,962||367
|Orthopedic Surgery No Spine||$19,791||$13,405||$24,948||262
|Ophthalmology No Surgery||$5,603||$3,450||$7,059||255
|Neurology No Surgery||$9,410||$8,378||$11,030||169
|Cardiovascular Disease Minor Surgery||$10,768||$9,363||$12,354||162
|Gastroenterology No Surgery||$9,184||$8,378||$10,712||158
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 Oregon.
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 Oregon compares to other states.